As High Inflation Pressures Insurers, Lawsuits Rise

Inflation impact on underwriting results

According to experts and new data, rising litigation costs and higher consumer prices in industries such as construction are contributing to a challenging inflation environment for insurance carriers, while claims litigation continues to rise. Though market analysts believe the industry is well-positioned to absorb catastrophic losses, experts warn that inflation will make claims more expensive… Continue reading As High Inflation Pressures Insurers, Lawsuits Rise