AUSTIN (KXAN) — Commercial auto insurance rates rose for the second year in a row, new data shows. This comes despite a 2021 state law’s goal of bringing down costs by making it harder to sue trucking ...

Commercial auto insurance protects vehicles used primarily for business activities by covering liability, vehicle damage, and related financial risks. While many assume that only registered businesses ...

Analysis of 2012-2021 commercial claims demonstrates that spending growth was concentrated among the highest spenders and there was increasing subsidy across enrollees through cost-sharing design.

The auto insurance industry faces significant hurdles. As businesses grapple with rising costs and evolving risks, two key factors are reshaping the claims environment: social inflation and ...