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AM Best reports rising social inflation costs continue to challenge US liability insurers
AM Best, the credit rating agency specialising in the insurance sector, has highlighted the continued impact of social inflation on US property and casualty insurers, with commercial motor liability among the lines facing significant cost pressures. In its latest special report, the company examines how rising litigation expenses and claims costs exceeding general economic inflation […] The post AM Best reports rising social inflation costs continue to challenge US liability insurers appeared first on ReinsuranceNe.ws .
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