Social inflation set to continue driving US liability rates: AM Best

Sarah JollyMay 10, 2024
United States Law, scales of justice and American flag. Concept. Money.
Credit: Shutterstock/alexkich

Social inflation has pushed losses for multiple US casualty lines above economic inflation, with the trend set to continue and ultimately drive rates higher for liability risks, according to AM Best.

US claims costs for pr...

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Sarah JollyMay 10, 2024
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