Tag Archives: Coverage

The “Social Inflation” Excuse: Why Warren Buffett was Unsuitable in 1975 and Insurers Are Unsuitable Now In Shirking Protection of Opioid Litigation and Different Public Nuisance Shakedowns

The idea of “social inflation” is again in vogue lately amongst property/casualty business underwriters and their service suppliers in commerce journals and different media.  The time period typically refers back to the allegedly rising prices of insurance coverage claims ensuing from numerous elements of the US civil justice system, together …

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Correcting the File on Insurance coverage Trade Hucksters and Novel Coronavirus/COVID-19 Protection — Policyholder Pulse — August 25, 2020

Companies purchase property insurance coverage to guard their backside line within the occasion that one thing dangerous leads to decrease gross sales or elevated prices. Insurance coverage firms search to enhance their backside line by rising gross sales and lowering their largest price merchandise, declare funds. Of their effort to …

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