Commercial auto, general liability and medical professional liability are some of the insurance markets that third-party investors are thought to have targeted. (Fotolia/ALM archives) Commercial auto, general liability and medical professional liability are some of the insurance markets that third-party investors are thought to have targeted. (Fotolia/ALM archives)

If you’re a commercial lines insurance agent, you know all too well the impact of rising litigation costs on the availability and pricing of coverages such as commercial auto, general liability and professional liability insurance.

It’s been almost two years since AM Best characterized the U.S. commercial general liability segment as having a negative outlook due to concerns over social inflation and third-party litigation financing (TPLF). As AM Best noted then, insurers have responded by pursuing large rate increases and tighter terms and conditions.

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