As losses occurred heavily in 2017 in the area of P&C coverage, Insurance premiums are bound for increases as the companies try to get a hold of major loss impacts.
The trend of claims in transportation has it gaining the more significant rate increase. Business insurance trend of increased rates for specific types. Year after year increased with workers compensation seeing a 2% decrease. Read the article listed above for more information. http://www.businessinsurance.com/article/20180406/NEWS06/912320418/Propertycasualty-insurance-rates-up-in-first-quarter-MarketScout
As China and the United States go back and forth it is looking like the start of a feud as these two power houses nudge the other into increasing tariffs on goods.
It was odd seeing all these rules take effect from the point of idea to implementation but is it okay to focus on fighting back? The regulation seems to create safety on the road more than inhibit the driver from making good money, in reality it might just be the push in the right direction …