While discussion of the recent tariffs implemented by President Donald Trump has largely centered around the potential rise of prices for tangible consumer goods, the insurance world has other additional considerations at play. In no small margin, the insurance industry specifically will be closely monitoring the development, implementation, and execution of those tariffs and how they affect internal risk calculations that could create ripple effects in insurance companies’ future decision-making and insureds’ coverage options.
For background, on April 2 …