Attorney Article
Runaway Inflation: Adjusting for Social Inflation in Litigation
CLM Magazine
Authors: Marisa Trasatti, Zachary Miller
Marisa Trasatti (Partner-Baltimore, MD) and Zachary Miller (Associate-Baltimore, MD) co-authored “Runaway Inflation: Adjusting for Social Inflation in Litigation,” published in the December 2020 edition of CLM Magazine. The article reviews the impact of social inflation on the insurance industry and the factors that aggravate it. Just as lawyers have tools to combat social inflation, insurers have turned to employing specialty underwriters who are uniquely trained on disruptive strategies and who interpret how social and political trends impact losses.