Third-party litigation finance linked to rising insurance coverage premiums – CIAB

0
18
Third-party litigation finance linked to rising insurance premiums – CIAB

Regardless of these shifts, industrial auto and umbrella strains continued to see important pricing will increase. Common premiums for industrial auto rose by 10.4%, whereas umbrella strains had been up 9.5%. The CIAB attributed these will increase, partially, to losses linked to litigation finance exercise.