57%
Litigation costs are driving U.S. liability claims
Swiss Re Institute estimates litigation costs increased U.S. liability claims by 57% over the past decade, with social inflation reaching a 20-year peak in 2023.
Swiss Re Institute · 2024
The cost of reacting is rising.
A concise library of third-party research shaping the commercial property and liability risk environment. Lender Risk Services does not publish articles here; we point directly to the underlying work.
Evidence behind the need for prevention.
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$10M+
Nuclear verdicts are a growing claims-severity concern
The NAIC describes nuclear verdicts as awards generally exceeding $10 million and identifies them as a major contributor to social inflation.
National Association of Insurance Commissioners
1,288
A decade of nuclear-verdict data
The U.S. Chamber Institute for Legal Reform reviewed 1,288 nuclear verdicts from 2013 through 2022 and reported an upward trajectory outside the pandemic court-closure period.
U.S. Chamber Institute for Legal Reform · 2024
11%
Maintenance and workmanship remain material loss drivers
In an analysis of more than 40,000 liability claims, Allianz Commercial attributed 11% of total claim value to faulty workmanship and maintenance.
Allianz Commercial · Liability Loss Trends 2024