The rise of “nuclear verdicts” has profound implications for insurance carriers and the insurance pricing environment. With social inflation and third-party litigation funding showing no signs of slowing down, insurance brokers need to educate themselves and their clients on the impacts of this trend. Read more from Peter Kampf, CPA in Insurance Agents & Brokers January 2025 Primary Agent Magazine and learn about strategies to optimally position your firm and clients. https://lnkd.in/e8RX7JdS #MarshBerry #InsuranceBrokerage #NuclearVerdicts #HardMarket
Kick off your new year by giving our January Primary Agent magazine a read! Inside you'll find: 💡 Advice and insights from industry veteran Howell Wallace, of IA&B Member Agency Pratt Insurance Inc. ... ⚖️ The implications of nuclear verdicts on the insurance industry, courtesy of MarshBerry ... 🤔 Plus, content on certificates of insurance, third-party liability, and more ... 🔗 https://lnkd.in/eP-3Zm92