With a possible recession on the horizon, carriers must game plan how to balance price point and loss costs. This will require becoming more agile and adapting to rapid change in the sector. (greenbutterfly/Adobe Stock) With a possible recession on the horizon, carriers must game plan how to balance price point and loss costs. This will require becoming more agile and adapting to rapid change in the sector. (greenbutterfly/Adobe Stock)

With inflation skyrocketing, loss costs and premiums are going through the roof. Many policyholders worry about their ability to obtain coverage at a reasonable price, if at all.

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