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Home›Insurance›Health Insurance›AM Best: Social Inflation Drives Surge in Commercial A…

AM Best: Social Inflation Drives Surge in Commercial Auto Liability Claims

Reported · Written up by our desk · Health Insurance

According to recent report from AM Best, commercial auto liability insurance coverage has continued to bear the brunt of rising litigation costs, outpacing economic inflation. Social inflation has negatively affected commercial auto liability ultimate claim costs for several years, which …

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Sources

Insurance JournalAM Best: Social Inflation Drives Surge in Commercial Auto Liability Claims

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