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Bill McElroy Addresses Social Inflation and Litigation Challenges
Social inflation negatively impacts both customers and commerce, as it drives up premiums for everyone, and for many, these costs have become unsustainable. Bill McElroy, Portfolio Director of Casualty for Aspen discussed social inflation, litigation financing and the industry’s response, during the WSIA Conference in San Diego. During his interview with Meg Green of Insurance Insider U.S., Bill reminded us of the role of the civil justice system, explaining that…