October CPI: No signs of easing, auto carriers adjust to new normal
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October CPI: No signs of easing, auto carriers adjust to new normal

Insurance Insider US Research
November 11, 2021
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1A personal auto premium.jpg

Yesterday, the BLS released October CPI data which included 6.3% personal auto premium inflation. The figure is up from 4.8% in September and -0.8% in August.

While September’s figure may seem high, 2020 served as an exception as frequency trends diminished materially and insurance costs plummeted.

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