Analysis shows ‘social inflation’ hitting policyholders and insurers: Rims Riskworld

Gavin SouterMay 8, 2024
Wooden judge gavel USA flag as background, concept picture about justice in the USA
Credit: Shutterstock/Savvapanf Photo

Increased court awards and settlements are hitting insurers’ loss costs and may force risk managers to buy higher limits, according to an executive at insurance data company Zywave.

Insurers have cited social inflation – i...

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Gavin SouterMay 8, 2024
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