How Social Inflation Is Driving Up Your Commercial Insurance Rates

Posted by John Cofini on Thu, Dec 05, 2019 @ 02:33 PM

We’ve seen some jaw-dropping liability claim settlements against big business in recent years. Just recently, corporate giant Johnson & Johnson was slapped with a whopping $8 billion products liability settlement for failing to sufficiently warn doctors of the side effects of the antipsychotic medication Risperdal.

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Tags: social inflation, commercial insurance rates