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US Auto Insurance Market on the Mend; Homeowners Line Volatile: Fitch

June 7, 2024

The U.S. personal insurance sector is positioned for improving underwriting performance in 2024.

According to Fitch’s latest U.S. Personal Lines Market Update, the change is predicted amid signs that the previous surge in claims severity from higher inflation and supply chain shortages has subsided, combined with rapid written premium growth from significant rate increases.

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