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Insurance experts report that auto coverage, umbrella packages and the excess and surplus market are all hardening as a result of nuclear verdicts. (Photo: Diego M. Radzinschi/ALM Media) Insurance experts report that auto coverage, umbrella packages, and the excess and surplus market are all hardening as a result of nuclear verdicts. (Photo: Diego M. Radzinschi/ALM Media)

In the October 2021 issue of NU Property & Casualty magazine, we paired a market update about directors and officers insurance, which one expert aptly describes as “sitting on top of” professional and management liability coverages, with a feature that explores the impact of social inflation and nuclear verdicts on the insurance industry.

Social inflation continues to be a major concern for insurers, and for a good reason. Passions can run high in courtrooms these days, and the more costly a lawsuit verdict, the more that cost will ripple through the industry and ultimately impact premiums.

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Elana Ashanti Jefferson

Executive Editor Elana Ashanti Jefferson is a veteran journalist and communications professional. She can be reached by sending email to [email protected]

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