The Institutes

Litigation Funding and Social Inflation

 Friday, July 16, 2021

 Insurance Information Institute

‘Social inflation’ refers to rising litigation costs and their impact on insurers’ claim payouts, loss ratios and, ultimately, how much policyholders pay for coverage.

It’s an important issue to understand because – while the tactics associated with it typically affect businesses perceived as having ‘deep pockets’ – social inflation has implications for individuals and for businesses of all sizes.

The insurance lines most affected are commercial auto, professional liability, product liability, and directors and officers liability.

There also is evidence that private-passenger car insurance is beginning to be affected.

As increased litigation costs drive up premiums, those increases tend to be passed along to consumers and can stifle investment in innovation that could create jobs and otherwise benefit the economy.

Social Inflation: The Ultimate Pain Point of Liability Insurance

 Monday, May 17, 2021

 Insurance Business

Social Inflation; What Can Insurers Do About It?

 Wednesday, January 27, 2021

 Insurance Information Institute

Litigation Funding And Social Inflation

 Monday, January 4, 2021

 Canadian Underwriter

Adjusting For Social Inflation In Litigation

 Wednesday, December 30, 2020

 The CLM

Opinion: Why The Industry Is Wrong About Litigation Funding

 Monday, November 16, 2020

 Canadian Underwriter

How Analytics Can Tame ‘Social Inflation’

 Thursday, October 8, 2020

 Insurance Thought Leadership

5 Liability Loss Mega Trends

 Wednesday, September 23, 2020

 Insurance Thought Leadership

What Is Social Inflation, And Why Is It Hurting Insurance?

 Friday, January 3, 2020

 Insurance Business