Social Inflation: Complicated and Costly (Part 2)
South Western Insurance Group Limited
![South Western Insurance Group Limited]()
South Western Insurance Group Limited
MGA offering a broad range of insurance solutions for specialty, niche, program and hard-to-place business.
August 9, 2022 - There is no simple cure to the ills of social inflation, but a sustained and consistent effort by insurers can start to address some of the?symptoms. In the U.S., the property and casualty insurance marketplace, along with the rest of the insurance industry, faces a wide range of issues arising out of the COVID?19 global pandemic. Meanwhile, social inflation continues to present significant long-term challenges to those insurers.