Tag: Claims Costs

Legal Finance and Insurance: Clarifying Industry Impact on Claims Costs

Explore how legal finance impacts insurance claims costs and social inflation. Understand key distinctions to foster collaboration between insurers and litigation finance providers.

Selective Insurance Group Q2 Earnings Miss Drive 19% Share Drop Amid Social Inflation

Selective Insurance Group’s Q2 earnings fell short of expectations due to a combined ratio above 100%, driven by social inflation affecting casualty reserves. Shares dropped 19%, signaling market concerns over underwriting losses and claims cost pressures in the property and casualty insurance sector.