At mid-year 2022, carrier losses in property lines, especially auto, continue to worsen. (Credit: Devon Yu/Adobe Stock)
When I look at the current inflationary environment in the United States, I'm reminded of a favorite nursery rhyme from childhood that ends, "All the king's horses and all the king's men couldn't put Humpty together again." I'm growing increasingly concerned that "Humpty Dumpty" is the property and casualty industry.
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