In a recent interview, Harish Kapur, CEO of Across America Insurance, highlighted the challenges facing the $40.45 billion commercial auto insurance market, particularly in trucking, as rising reinsurance costs and dwindling post-COVID profits strain operations. Emphasizing selective partnerships with fewer agents and the superiority of dashcams over traditional telematics for underwriting, Kapur underscored the need for strong innovation and partnerships to navigate ongoing market difficulties.
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