personal auto: 3 factors driving up frequency and severity

Jacquelyn Connelly

Publication: IA Magazine
Date: August 6, 2018

Jacquelyn Connelly, IA Magazine Editor, speaks with Michael Grove, Safeco Insurance Senior Vice President of Product, about claim trends in the personal auto market.

“As a result of these economic improvements, people are driving more. Grove cites statistics from the U.S. government that place number of miles driven in the U.S. around 2.9 trillion in 2009, compared to 3.2 trillion in 2017. ‘Obviously, more people on the road leads to more accidents,’ he says. ‘That’s putting pressure on the entire industry.’”

Read the full article here.

about the author

Jacquelyn Connelly
Senior Editor at Independent Agent magazine

Professional editor, writer and manager with five years of experience in financial journalism. Specialties include general insurance, insurance markets, business and finance, B2B publishing, e-newsletters, blogs, website management, content strategy and communications.

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