Insurance News from May 11, 2023

News

LexisNexis: Auto Claim Severity Up 35% over Pre-Pandemic Rates

Claim severity for both bodily injury and property damage increased by 35% since 2019,...

International News

Blast at Sweden Ammunition Factory Injures at Least 1

STOCKHOLM (AP) -- An explosion at an ammunition factory in southern Sweden seriously...

West News

$3.4M Fine Proposed over 2021 California Oil Pipeline Leak

LOS ANGELES (AP) -- An energy company should be fined nearly $3.4 million for safety...

Midwest News

Norfolk Southern Creates Fund for Homeowners Near Ohio Derailment

Norfolk Southern has recommitted to creating a fund for residents near the site of an...