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...
East News
Philip Morris Must Pay $37M to Cancer Victim, Mass. High Court Rules
Tobacco company Philip Morris USA must pay $37 million to a Massachusetts woman who...
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...