"The Impact of Stealth Inflation on Corporate Profits and Consumers"

While some companies are experiencing lower input and freight costs, insurance premiums continue to soar, impacting both corporate profits and consumer wallets. Travelers reported a 14% increase in business policy premiums, with homeowner renewal premiums spiking 21% and auto policies jumping 17%. This trend is also affecting companies like J.B. Hunt, which faced a $53 million charge due to higher insurance and claims expenses. The inflationary pressures are primarily driven by rising premiums and unprecedented claims costs, ultimately leading to increased costs for customers and consumers.