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AM Best: Numerous Pressures Create Tough Terrain for Personal Auto Insurers
U.S. auto insurers' profit margins are being squeezed by inflationary pressure, supply chain challenges and costly repairs of technologically advanced autos, said AM Best Associate Director David Blades.
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By A.M. Best Company, Inc.U.S. auto insurers' profit margins are being squeezed by inflationary pressure, supply chain challenges and costly repairs of technologically advanced autos, said AM Best Associate Director David Blades.