Best's News


Best’s News & Research Service subscription required - November 13, 2020 02:13 PM (EST)

Philadelphia Insurance AVP: Auto Claims Severity Up Despite Less Traffic

Less traffic on the roads has led to increased speeding and higher automobile claims severity, said Andrew Shockey, assistant vice president, risk management, Philadelphia Insurance Cos. . . .

-- This content requires a subscription --

Already a Subscriber?

Log in  Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

  • BestDay
  • Best's News
  • Best's Review
  • Best's Research
  • Best's Special Reports & Commentaries
  • Best's Rankings
  • and more...

Subscribe

Receive emails featuring AM Best's news and research
Opt-in

Accidents Automobile Insurance Claims COVID-19 (Coronavirus)


Latest News

BEST'S RANKINGS
2026 Best's Rankings: California Overtakes Florida as Largest Fire & Allied Lines State
Sep 18, 2026 11:18 AM (EDT)
BEST'S RANKINGS
2026 Best's Rankings: Double-Digit DPW Decline for AIG, Berkshire Hathaway in US Fire & Allied Lines
Sep 18, 2026 11:07 AM (EDT)
BEST'S RANKINGS
2026 Best's Rankings: DPW Drops 43.7% at Citizens in Florida; Adjusted Loss Ratio Improves to 7.3%
Sep 18, 2026 11:01 AM (EDT)
REINSURANCE
AM Best: Latin American Reinsurance Market Resilient, Sustains Growth in a Prolonged Soft Cycle
Sep 18, 2026 10:43 AM (EDT)
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of United Fire Group, Inc. and Its Property/Casualty Subsidiaries
Sep 18, 2026 10:14 AM (EDT)

More from Best’s News


Trending

1
REHABILITATION
South Carolina Moves to Place A-Cap Affiliates Into Rehabilitation
Sep 16, 2026 02:17 PM (EDT)
2
BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Eurasia Insurance Company JSC
Sep 16, 2026 10:29 AM (EDT)
3
LOUISIANA
Louisiana Citizens Property Moving Commercial Policies to Private Carrier
Sep 16, 2026 02:25 PM (EDT)
4
PEOPLE IN INSURANCE
AIG General Insurance CEO Retiring
Sep 16, 2026 05:49 PM (EDT)
5
PEOPLE IN INSURANCE
Sompo Appoints Former Scor, AIG Exec as CEO of UK Insurance Business
Sep 17, 2026 03:39 PM (EDT)

    

1
LITIGATION
Excess Insurers Say No Coverage for Bank’s $240 Million Overdraft Settlement
Aug 26, 2026 04:36 PM (EDT)
2
LIFE AND ANNUITY INSURERS
Investment Firm TWG Global Agrees to Swap $6.5 Billion in Affiliated Assets Held by Delaware Life
Aug 18, 2026 12:00 PM (EDT)
3
BEST'S CREDIT RATING ACTION
AM Best Assigns Credit Ratings to Members of Ledgebrook Insurance Group
Aug 10, 2026 04:20 PM (EDT)
4
FINANCIAL REPORTS
Delaware Life Insurance, Clear Spring Life Acknowledge Grand Jury Subpoenas
Jul 21, 2026 02:59 PM (EDT)
5
LIFE AND ANNUITY INSURERS
TruStage Shuts Down Network Amid Cybersecurity Incident
Jul 16, 2026 10:52 AM (EDT)