Jonathan Todd, Vice Chair, and J. Philip Nester, Senior Associate Manager in our Transportation & Logistics Practice Group, were recently featured in an article titled The impact of tariffs on insurance industry, published in Digital Insurance.
These increased costs are anticipated to lead to higher insurance premiums for consumers, as insurers adjust to the rising expenses associated with claims. The article underscores the broader economic implications of the tariffs, noting that anything built or manufactured in the U.S. from imported raw materials or parts will face increased cost pressures.
More: The impact of tariffs on insurance industry | Digital Insurance