The Economic Snapshot is I.I.I.’s regular look at important trends that shape the property/casualty industry updated quarterly.
Various factors will make 2018 a challenging year for economic policymakers and forecasters, with the possibility of a tariff-driven trade “war,” and with the labor market closing in on full employment, implying higher levels of wages and of general inflation. This report provides an overview of what to expect in the insurance industry and the economy 2018-2020; a discussion of economic and financial trends; a look at personal and commercial lines trends; and as well includes special commentary on the impact of the federal tax cuts on the insurance industry.
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