Evan D. Ridington joins Arthur Hall Insurance
Arthur Hall Insurance welcomes Evan D. Ridington, as a Commercial Insurance Account Executive based in the West Chester, PA office. Evan’s most recent experience includes success as a Personal Lines Producer with a start-up independent insurance brokerage firm and working with BMW USA to help integrate a new company-wide auto buying user experience. These positions led him to understand the importance of differentiating one’s self from the competition by providing value-added resources and building lasting, trusting business relationships; all of which are tenets of the Arthur Hall Insurance mission and business model to always advocate on behalf of every client. Agency...
Trends Driving Social Inflation and How to Respond
As an insurance buyer, you may have heard the term “social inflation” used by your insurer to explain the factors driving up the cost of coverage in today’s market. In general, social inflation refers to the rising costs of insurance claims that are a result of societal trends. Trends such as increased litigation, broad insurance policy interpretation, plaintiff-friendly legal decisions and larger jury awards all drive social inflation in the insurance space. As the insurance market changes, it’s important for businesses to understand what’s currently driving social inflation. Doing so not only provides you with a better understanding of the issues...