CRC: “Flurry” of insurtechs driving primary trucking rate decreases of 5-50% for many risks

New insurtech products have contributed to a big change in the E&S primary trucking segment in the past year with rate decreases of up to 50 percent outside the more difficult states while excess trucking is seeing several new middle market entrants generating competition, CRC has commented in a casualty market update.

 

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