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Casualty Reinsurers Are Addressing Escalating Litigation Risk Across U.S.
In a feature story with Insurance Business America, Meghan DiBona, Vice President and Casualty Facultative Manager, at Aspen Reinsurance, explained how social inflation in the United States is impacting the casualty facultative reinsurance market and how reinsurers are addressing escalating litigation risk. Social inflation is the rising costs associated with insurance claims and legal liabilities and is driven by such factors as increased litigation, larger jury awards, aggressive legal strategies and changing societal attitudes. In…
