How Societal Views Impact Liability Costs
Anti-establishment sentiments in the public are contributing to how social inflation impacts businesses and the insurance industry today.
Social inflation is a term you frequently hear in risk management these days. It refers to the phenomenon of a general anti-establishment sentiment that exists publicly today, which has a far-reaching impact on businesses and the insurance industry as a whole. Last year, “Out Front Ideas with Kimberly and Mark” discussed the impacts of social inflation with a panel of experts. Our guests were:
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