AI Is Making Litigation Profitable at Smaller Claim Sizes

commercial auto liability direct written premium rose 12.3% to just over $43 billion in 2024, Milliman found , based on a composite of 40 major insurers representing nearly 80% of industry volume. Despite that premium growth, the broader commercial auto line posted a $4.9 billion underwriting loss in 2024, the 14th consecutive year of losses, AM Best found . Rate increases have not closed that gap, and generative artificial intelligence is now widening it from the other direction by making