Social inflation – increasing insurance claims costs related to legislative and litigation trends – may be spreading beyond the United States, attende
Insurers saw more costly personal umbrella claims before the start of 2020, according to a Gen Re analysis, and the reinsurer expects such claims
A recent study by the Geneva Association on the topic of “social inflation” addresses the challenges of defining and quantifying the phenomenon.
Litigation funding – the practice of third parties financing lawsuits in exchange for a share of any funds the plaintiffs might receive – was once w
The policymaking arm of the American Bar Association (ABA) recently approved a set of best practices for litigation funding arrangements.
“Social inflation” is the name used to describe growth in liability risks and costs related to litigation trends.