Erosion of contract certainty and risk-based pricing norms are the biggest worries for APCIA members

20-10-2019

Erosion of contract certainty and risk-based pricing norms are the biggest worries for APCIA members

David Sampson, president and CEO of APCIA

The US insurance industry is grappling with the significant erosion of contract certainty because of substantial challenges facing legal due process and other judicial norms, increasing litigation and ever more “nuclear” verdicts; this issue has become the number one priority of members of the American Property Casualty Insurance Association (APCIA).


APCIA, Insurance, Reinsurance, Litigation, Tax, Risk based pricing, Erosion of contract, David Sampson, North America

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