-

Best’s Insurance Law Podcast Discusses How Social Inflation is Impacting the Insurance Industry

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best and Best’s Insurance Professional Resources have released the latest installment of the Best's Insurance Law Podcast series, which examines timely insurance issues from a legal perspective.

This episode examines the rising costs of insurance claims due to social inflation and their impact on the insurance industry.

The podcast features Attorneys Alan Russo and Marie Castronuovo of the law firm Russo & Gould LLP. Mr. Russo has more than 40 years of experience with high exposure in civil liability cases. Ms. Castronuovo has more than 30 years of experience handling New York Labor Law and premises liability cases.

Russo & Gould is a qualified member of Best's Insurance Professional Resources, an insurance industry resource that has featured qualified legal counsel, independent insurance adjusting services and expert service providers since 1929.

Listen or subscribe to the Insurance Law Podcast.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2021 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Jim Peavy
Director, Public Relations
+1 908 439 2200, ext. 5644
james.peavy@ambest.com

AM Best


Release Versions

Contacts

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Jim Peavy
Director, Public Relations
+1 908 439 2200, ext. 5644
james.peavy@ambest.com

More News From AM Best

AM Best to Present at NAIC’s Summer National Meeting

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will deliver a presentation presenting during the National Association of Insurance Commissioners’ (NAIC) Summer National Meeting, which will take place Aug. 11-14, 2026, in Columbus, OH.Edin Imsirovic, director, AM Best, will lead a presentation during the Big Data and Artificial Intelligence Working Group session on artificial intelligence (AI) governance in insurance. The presentation will explore how governance considerations may differ across predicti...

Best’s Market Segment Report: US Pet Insurance Plans Show Rapid and Profitable Growth

OLDWICK, N.J.--(BUSINESS WIRE)--Despite low market penetration, pet health insurance is one of the fastest-growing lines in the property/casualty industry, averaging approximately 20% annual growth since the COVID-19 pandemic, according to a new AM Best report.The Best’s Market Segment Report, “US Pet Insurance Plans: First View Shows Rapid and Profitable Growth,” finds that the segment’s net combined ratio under the breakeven point in 2024 and 2025 signified profitable underwriting for the segm...

AM Best Revises Outlooks to Negative for Subsidiaries of Group 1001 Insurance Holdings, LLC

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to negative from positive and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of the following subsidiaries of Group 1001 Insurance Holdings, LLC: Delaware Life Insurance Company and Clear Spring Life and Annuity Company (both domiciled in Wilmington, DE). These companies are referred to as the Group 1001 Life & Annuity Group. In additio...
Back to Newsroom