Written by Joanne Doroshow, Executive Director, Center for Justice & Democracy.
Illustrations (and great editorial assistance) by Jason Stout, Austin, Texas.
For more information, including additional sources and backup, see How the Cash Rich Insurance Industry Fakes Crises and Invents Social Inflation (March 2020). To understand how the insurance industry works, go to Insurance: The Essential Guide to a Bewildering Industry.
For questions, contact:
Center for Justice & Democracy at New York Law School
185 West Broadway
New York, NY 10013