Hilary Rowen Interviewed by NPR on Rising Automobile Insurance Rates
Sedgwick San Francisco partner Hilary Rowen was interviewed for National Public Radio’s Marketplace Morning Report, “Traffic Climbed After the Recession. So Did Accidents and Truckers’ Premiums,” broadcast and printed on July 6, 2017. The interview focused on the recent national rise in traffic accidents and consequently, in insurance premiums.
Rowen noted that with the revival of the economy since the 2008 economic crash, drivers have substantially increased miles logged, especially truckers and van drivers. She also noted that this, along with the impact of distracted driving due to cell phone usage, is playing a part in accidents and the fact that commercial insurers are flooded with claims. “Insurers are paying out 108 cents for every dollar of premium they take in,” Rowen said. As a result, commercial insurers are forced to raise premiums or drop coverage altogether.
Rowen's practice focuses on advising clients on insurance regulatory compliance issues and market conduct examinations, and she represents insurers in enforcement actions by insurance regulators. She also represents insurers in unfair trade practice lawsuits and class action litigation with significant regulatory issues.