Experts discuss social inflation in a Tobin College of Business webinar
Social inflation – increasing insurance claims costs related to legislative and litigation trends – may be spreading beyond the United States, attende
Social Inflation
Poverty and opioids unexpectedly tied to rise in personal umbrella claim severity: Gen Re
Insurers saw more costly personal umbrella claims before the start of 2020, according to a Gen Re analysis, and the reinsurer expects such claims
What Is Social Inflation? What Can InsurersDo About It?
A recent study by the Geneva Association on the topic of “social inflation” addresses the challenges of defining and quantifying the phenomenon.
Litigation Funding Rises as Common-Law Bans Are Eroded by Courts
Litigation funding – the practice of third parties financing lawsuits in exchange for a share of any funds the plaintiffs might receive – was once w
Lawyers’ Group Approves Best Practices to Guide Litigation Funding
The policymaking arm of the American Bar Association (ABA) recently approved a set of best practices for litigation funding arrangements.
IRC Study: Social Inflation Is Real, And It Hurts Consumers, Businesses
“Social inflation” is the name used to describe growth in liability risks and costs related to litigation trends.
