Bill McElroy Addresses Social Inflation and Litigation Challenges
Social inflation negatively impacts both customers and commerce, as it drives up premiums for everyone, and for many, these costs have become unsustainable. Bill McElroy,...
Tom Lewis, Aspen’s Senior Underwriter for Crisis Management, recently spoke to Elizabeth Blosfield of Carrier Management to discuss how social media accelerates civil unrest by spreading misinformation and more, incredibly quickly.
Tom goes into detail around how quickly groups can get organized via social media platforms and the impact of algorithms on boosting posts that are likely to get an emotional response.