Webinar: General Inflation and the Impact on Property and Casualty Insurance
Please join Association of Insurance Compliance Professionals (AICP) for a webinar exploring the impact of inflation on property and casualty insurance. Our speaker, Eli Blum from Verisk, will discuss how rising inflation has been affecting nearly all goods and services. Insurance sectors have been significantly hit, with prices of automobiles and raw materials for construction outpacing the already high inflation numbers, which as of April 2022 were 8.3% year over year. This session will discuss some of the effects of inflation specific to property casualty insurance, how inflation may become more entrenched, and how inflation could impact an insurance company’s financial results.