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Why should insurance professionals monitor gender-equity issues?

One reason is that social inflation persists, and today's juries are increasingly likely to slap any discrimination lawsuit defendant who's found guilty with an unprecedented settlement amount. Consider that the 10,800 women who are named in a class-action lawsuit against Alphabet Inc. and Google over gender-pay disparity are reportedly seeking $600 million in damages, according to Bloomberg.

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Elana Ashanti Jefferson

Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].