How Social Inflation Affects Liability Costs
Originally published on Insurance Thought Leadership | April 20, 2021 Social inflation is a term you frequently hear in risk management these days. It refers to the phenomenon of a general anti-establishment sentiment that exists publicly today, which has a far-reaching impact on businesses and the insurance industry as a…
Susan Kostro Joins Safety National as Director – Public Entity Underwriting
Safety National announced today that Susan Kostro joined the company as Director – Public Entity Underwriting. Kostro will be responsible for underwriting new and renewal multi-line public entity accounts and will assist with the ongoing strategic development and enhancement of Safety National’s public entity insurance offerings. With nearly 30 years…
Benchmarks, Analytics Post-COVID
Benchmarks, Analytics Post-COVID (Insurance Thought Leadership | April 6, 2021)
Benchmarks, Analytics Post-COVID
Originally published on Insurance Thought Leadership | April 6, 2021 The insurance industry relies heavily on actuarial models and benchmarks to analyze performance and predict future exposures. One of the core assumptions is that most components of the analysis mirror conditions similar to the past. However, the pandemic introduced several…