It has been over four years since the first reported cases of COVID-19 in the United States were identified. Everyday life changed significantly for a good part of 2020 and 2021. Even today, the way people work and how businesses operate is different in many ways from pre-COVID 19 periods. This session will focus on those changes and how they have impacted three of the main Commercial Lines of business: General Liability, Commercial Auto, and Commercial Property. We will also discuss line of business specific insurance experience from the last several years and issues to monitor going forward for these lines of business.
Learning Objectives:
Define some of the drivers that have caused shifts in Commercial Lines insurance experience since 2019 (i.e., periods impacted by Covid).
Describe how insurance experience has changed over the last several years for certain Commercial Lines LOBs.
Apply the knowledge they have learned about the changing environment since Covid to their work including attendees who do not directly work on Commercial Lines.
