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Auto liability claims have taken an interesting turn. The headlining trend: frequency has fallen and should continue to fall. Meanwhile, auto severity has increased on the back of rising medical costs. Between 2007 and 2012 auto severity grew at a faster rate than economic inflation for the same period. View three highlighting trends (including distracted driving) in this infographic.
Read the full blog post here: http://www.genre.com/knowledge/blog/whats-driving-larger-auto-liability-losses.html