Social Inflation Unveiled: The Hidden Force Driving Insurance Costs

Insurance Hour with Karl Susman

Feb 24 2024 • 8 mins

This episode of "Insurance Hour" explores the concept of social inflation and its impact on insurance claims and premiums. It explains how cultural shifts in attitudes towards insurance claims contribute to higher payouts and, consequently, higher premiums. The episode suggests a societal need to reconsider our approach to insurance, emphasizing insurance as protection for significant losses rather than a refund mechanism. This change in perspective is proposed as a solution to mitigate the effects of social inflation.

Insurance Hour is hosted by renowned insurance expert Karl Susman. Karl is a frequent guest on television stations such as ABC, CBS, Spectrum, The CW and FOX, and now his popular radio program is syndicated TO OVER 30 MILLION LISTENERS throughout California.

Listeners can now tune in to Insurance Hour on:

TUESDAY
1200-1300 | KZSB | 1290 AM | Santa Barbara, Ca
1900-2000 | KZSB | 1290 AM | Santa Barbara, Ca

WEDNESDAY
0952-1000 | KZSB | 1290 AM | Santa Barbara, Ca

THURSDAY
0700-0800 | KCAA | 1050 AM / 106.5 FM | Redlands, Ca

FRIDAY
0900-1000 | KMET | 1490 AM / 98.1 FM | Banning, Ca

SATURDAY
0700-0800 | KTRB | 860 AM | San Francisco, Ca

1200-1300 | KEIB | 1150 AM | Los Angeles, Ca
KION | 1460AM | Salinas, Ca

1300-1400 | KCBQ | 1170 AM / 96.1 FM | San Diego, Ca

1600-1700 | KEIB | 1150 AM | Los Angeles, Ca

SUNDAY
1700-1800 | KFBK | 1530 AM / 93.1 FM | Sacramento, Ca

In addition to traditional radio, Insurance Hour is available on several popular streaming platforms, ensuring that listeners can access the show at their convenience.

Audiences worldwide can now enjoy Insurance Hour at InsuranceHour.com, on YouTube, Amazon Music, Tuneln, Alexa, Apple Podcasts, and the iHeartRadio app.

For more information about "Insurance Hour" and its programming, please contact Lara Starr at pr@insura...