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Managing the Impact of Rising Auto Liability Claims Volatility – Part II

Last year, we documented the steady trend of increasing catastrophic auto liability claims since 2012 and explained some of the legal and social factors driving up the cost of these claims. In this article, we present updated...more

Public D&O Insurance Pricing Trends: What Happened in 2022, Why, and Implications for 2023

“What’s going on with D&O rates” is the question I am asked the most these days. “Things have gotten better” is my quick—and welcome—response. In this week’s D&O Notebook, Woodruff Sawyer Partner Munish Arora provides the...more

Property and Casualty Risks Faced by Data and Analytics Service Providers

With the explosive growth of data over the last decade, a new industry has emerged: data and analytics services. In an article published in December 2022, Acumen Research and Consulting estimated the global size of the...more

Scenario Analysis: A Powerful Insurance Purchasing Tool

When our clients consider buying insurance, a common question they ask is: “What limits should we purchase?” Several factors impact the decision to buy insurance, from subjective factors such as risk tolerance to objective...more

2/15/2023  /  Insurance Industry

Managing the Impact of Rising Auto Liability Claims Volatility

Few aspects of casualty insurance pose greater challenges to corporate risk managers and liability insurance underwriters than catastrophic auto accidents. Increasing medical costs and vehicle repair costs, combined with...more

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