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AUT2409. Impacts of Social Inflation on Dealers' Liability Insurance and Fraud Attitude Shifts in the Industry

Insurance fraud remains a critical concern, with a staggering $308 billion attributed annually to fraudulent claims, according to the Coalition Against Insurance Fraud. Beyond the financial implications, social attitudes towards insurance fraud are also evolving, influencing the broader insurance landscape, how juries view insurance, and how this drives social inflation. The session will also address what is driving social inflation in claims litigation.


Learning Objectives:

  • Recognize shifting attitudes towards insurance and fraud.
  • Identify the impact on commercial customers and social inflation.
  • Analyze the effects of these social shifts.
Date/Time
CPE Credits
1.0
NASBA Field of Study
Specialized Knowledge
Level
Intermediate
Prerequisites
3-4 years in the profession
Advanced Preparation
None