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

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 …

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

We haven't written up this one. Insurance Journal has the full story — the link below goes straight to it.

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