Dr. Robert Hartwig gave a presentation to the National Association of Insurance Commissioners’ Spring National Meeting on April 7th, 2022 showing that inflation, driven by supply chain issues, COVID-19 shutting down manufacturing plants, shortages of skilled workers and Russia’s war on Ukraine, is behind concerning trends for automobile and homeowners insurers. The Kansas City, MO Bestwire, highlighted this presentation. Hartwig said, “The fact that that the industry continues to see its policyholders’ surplus rise should be something that comes with great comfort both to policyholders and regulators alike.”
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