Skip to main content

Video: Mark Berven and Kathy Bostjancic on the latest economic trends

March 24, 2023

What is the inflation outlook for the P&C industry? Is there any relief in sight for supply chain pressure? How can we prepare for a potential recession? Mark Berven, President and COO, Nationwide Property & Casualty recently sat down with Chief Economist Kathy Bostjancic to answer these questions and discuss how agents can plan for the future.

Watch the video

0:00 – Inflation and how it’s affecting P&C sectors

3:45 – Supply chain status

4:35 – 2022 vs. 2023 recession analysis

6:00 – Upside and downside scenarios

8:20 – Positive economic trends affecting P&C sectors

9:30 – Preparing for a potential recession


  • The information in this report is provided by Nationwide Economics and is general in nature and not intended as investment or economic advice, or a recommendation to buy or sell any security or adopt any investment strategy. Additionally, it does not take into account any specific investment objectives, tax and financial condition or particular needs of any specific person.

    The economic and market forecasts reflect our opinion as of the date of this report and are subject to change without notice. These forecasts show a broad range of possible outcomes. Because they are subject to high levels of uncertainty, they will not reflect actual performance. We obtained certain information from sources deemed reliable, but we do not guarantee its accuracy, completeness or fairness. Nationwide, the Nationwide N and Eagle, and Nationwide is on your side are service marks of Nationwide Mutual Insurance Company. © 2023 Nationwide