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skoozey

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  1. Interesting article. It provides enough evidence that social inflation is at least having an impact on the litigation industry internally. It's harder though to say how much social inflation increases overall costs over the mentioned "known economic factors": Price Inflation Supply chain constraints (availability) Medical inflation Catastrophic industry costs These are some pretty big trends in and of themselves. And my concern is that these social changes to the litigation industry may feedback into and amplify these basic known factors. This would create a secondary but spiraling side effect.
  2. No doubt the iPhone has a faster GPS algorithm, but keep in mind it's also cell assisted, wifi assisted and makes SW assumptions (ie based on last known position.) It also has no qualms about calling your "fix" before it's finished finding satellites. The aircraft systems may be flawed, but they will never be as fast as we might expect from phones.
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