Motor-vehicle deaths increased by 8% in 2015 — the largest jump in 50 years, according to the Itasca, Ill.-based National Safety Council

Analysis from the Property Casualty Insurers Association of America (PCI) has found that distracted driving, increase in traffic congestion, changing demographics, distracted walking and the decriminalization of marijuana are among the leading casues contributing to the rise in accidents. 

This trend means more claims for Auto insurers. And unfortunately, this comes at a time when claims are becoming more expensive.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.