What Is the Evidence for Social Inflation?

Lloyd Dixon, Nicholas M Pace, James Davidson, Jamie Morikawa

What Is the Evidence for Social Inflation?
Format
Paperback
Publisher
RAND Corporation
Country
United States
Published
30 September 2024
Pages
122
ISBN
9781977413499

What Is the Evidence for Social Inflation?

Lloyd Dixon, Nicholas M Pace, James Davidson, Jamie Morikawa

Social inflation is a term that has been used to describe social and behavioral trends that are said to expand the liability of parties allegedly responsible for harms and their insurers. In this report, the authors look for trends in litigation rates, trial awards, and insurance claim payments that are consistent with the expected effects of social inflation to determine whether there is evidence that social inflation is occurring.

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