As claims return to a more normal frequency post-lockdown, carriers are raising prices to offset both the frequency of loss and an increase in loss severity. (Credit: anekoho/Adobe Stock) As claims return to a more normal frequency post-lockdown, carriers are raising prices to offset both the frequency of loss and an increase in loss severity. (Credit: anekoho/Adobe Stock)

While 2020 saw a pandemic-related dip in driving activity, U.S. personal auto insurance underwriting results declined sharply in 2021, especially during the fourth quarter, says a recent report from Fitch Ratings.

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Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].

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