Real Estate E&O Claims Impacted by Social Inflation
Source: https://www.iamagazine.com/, October 30, 2023
By: Jude Sedliak
Social inflation is wreaking havoc on the real estate professionals errors & omissions segment, leading to an increasing number of lawsuits and astronomical settlement amounts.
While no real estate professional is safe thanks to a cooling housing market, property managers are seeing more than their fair share of challenges and facing an even more challenging insurance market as a result. Read more.