Morgan Stanley says auto insurance rates fell 0.2% in July
Morgan Stanley analysis cited by Investing.com says U.S. auto insurance rate filings fell 0.2% in July, affecting about $61 billion in auto premiums across property and casualty insurers. It reported Progressive down 1.3% ($12.7B), Allstate up 0.9% ($4.6B), Hartford up 0.3% (~$70M), and Travelers up 1.1% ($1.2B). Morgan Stanley expects negative pricing through 2026 for the sector.
