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Juries share a common view that defendants can pay out larger sums of money to a plaintiff. Much of this is based around daily exposure to larger sum verdicts in the media, further desensitizing the public and making it appear more common and acceptable. (Photo: niroworld/Shutterstock)

Social inflation is a term you frequently hear in risk management these days. It refers to the phenomenon of a general anti-establishment sentiment that exists publicly today, which has a far-reaching impact on businesses and the insurance industry as a whole. Last year, “Out Front Ideas with Kimberly and Mark” discussed the impacts of social inflation with a panel of experts. Our guests were:

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