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Expect Loss Pressures to Continue in the P&C Industry Due to Inflation, Supply Chain and Riskier Driving Behavior, New Insurance Information Instituteftoday/Milliman Report Shows

NEW YORK, May 13 The Insurance Information Institute issued the following news release:. Michel Leonard, PhD, CBE, Chief Economist and Data Scientist, and head of Triple-I's Economics and Analytics Department, discussed key macroeconomic trends impacting the property/casualty insurance industry results. The average replacement costs for P&C lines is 16.3. ....

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P/C Carriers Hit By Inflation, Supply Chain and Riskier Driving Behavior

Michel LĂ©onard, PhD, CBE, Chief Economist and Data Scientist, and head of Triple-I's Economics and Analytics Department, discussed key macroeconomic trends impacting the property/casualty insurance industry results. The average replacement costs for P&C lines is 16.3 percent, nearly twice the U.S. average CPI of 8.5 percent, "he said, noting that while the. ....

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