Inflation has revealed 'fatigue' on lagging valuations data: panelists
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Inflation has revealed 'fatigue' on lagging valuations data: panelists

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Inflation has pushed valuations to the center of discussion for property insurance renewals, but there is still lot of catching up to do, said panelists during a discussion at Advisen’s Property Insights Conference on Thursday.

Valuation has always been a part of the conversation, but the industry’s recognition of the importance of maintaining accurate data spiked recently, after carriers were “caught off-guard” by the impact of losses outpacing reported values.

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