Markel is watching social inflation as severity pressures intensify: Co-CEO Whitt
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Markel is watching social inflation as severity pressures intensify: Co-CEO Whitt

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Markel's co-CEO Richie Whitt has said that the specialty lines carrier is paying close attention to not just overall economic inflation, but also social inflation and its impact on severity.

During the company’s Q2 earnings call with analysts, the executive expressed management's concerns about social inflation driving claims severity.

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