CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / Research / Auto Physical Damage Insurance Underwriting Profit Continues to Decline in the U.S.

Auto Physical Damage Insurance Underwriting Profit Continues to Decline in the U.S.

January 12, 2018 By CollisionWeek Editor

The latest statistics from the National Association of Insurance Commissioners indicates that the percentage of premiums going to pay losses has continued to increase. Private passenger physical damage insurance turned to a loss in 2016.

Data contained in the National Association of Insurance Commissioners (NAIC) report on profitability by insurance line in 2016, released this month, illustrates the increasing percentage of underwriting dollars going to pay claims on auto physical damage (APD) insurance continued to increase in the U.S. This has resulted in declining underwriting profitability from the period 2005 through 2016. The increasing costs grew beyond insurance companies’ investment

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: Research Tagged With: Auto Insurance, National Association of Insurance Commissioners, Profitability

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed AkzoNobel Annual Conference Auto Care Association Auto Insurance Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Collision Repair Education Foundation Coronavirus Crash Champions Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • Farmers Reports Animal Collisions Account for 74% of Montana’s Comprehensive Losses September 11, 2026
  • Copart to Acquire ACV Auctions for $1.9 Billion, Expanding Into Dealer Wholesale September 11, 2026
  • Axalta Names Deep Ruby Red ‘Redefined’ as its Global Automotive Color of the Year September 11, 2026
  • Gas Prices Jump 13 Cents to $4.28 as Crude Climbs Toward $100 September 11, 2026
  • Norfolk CBP Officers Seize Over $100,000 in Radiators Imported Under Stolen Identities September 10, 2026
  • SEMA Widens ADAS Symposium to Automakers, Safety Researchers and Repair Groups September 10, 2026
  • Agero Partners With MOTER to Link Connected Vehicle Crash Data to Roadside Dispatch and Claims September 10, 2026

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved ยท Log in