Actuaries: Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years February 22, 2022 The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of... Read More
Viewpoint: Satisfying Policy Retentions or Deductibles with Other People’s Money February 22, 2022 Simply stated, insurance policy deductibles or retentions are a dollar threshold that must be satisfied before an insurer will pay... Read More
International News Brazil Mudslide Death Toll Reaches 105, With Dozens Missing February 18, 2022 PETROPOLIS, Brazil (AP) — Rio de Janeiro state’s government has confirmed 105 deaths from floods and mudslides that swept away... Read More
International News Burning Cargo Ship is Adrift in Mid-Atlantic Without Crew February 18, 2022 LISBON, Portugal (AP) — A burning car transport ship drifted in the mid-Atlantic on Thursday after the huge vessel’s 22... Read More
Midwest News Fire Burns At Oakland Hills Golf Club in Suburban Detroit February 18, 2022 BLOOMFIELD TOWNSHIP, Mich. (AP) — Firefighters battled a blaze at a more than century-old country club Thursday in suburban Detroit... Read More
Southeast News Florida High-Speed Rail Deaths Rise to 57 in 5 Years February 18, 2022 FORT LAUDERDALE, Fla. (AP) — Brightline trains killed one person and seriously injured another in separate accidents less than 12... Read More
International News 9 Bodies Found, 12 Missing in Fishing Disaster Off Canada February 18, 2022 BARCELONA, Spain (AP) — Canadian rescuers recovered more bodies from a Spanish fishing ship that sank in rough seas off... Read More
International News 1 Month After Oil Spill, Lima’s Beaches Empty, Cleanup Slow February 18, 2022 LIMA, Peru (AP) — Dozens of beaches near Lima were deserted and thousands of fishermen remained without work Tuesday, one... Read More
Tesla Software Updates Allow Quick Fixes – and Taking Risks February 18, 2022 Tesla Inc’s ability to quickly issue safety patches via remote software updates is an approach other automakers eye enviously, but... Read More
International News Tonga Needs Over $90 Million to Start Repairs From Volcano February 18, 2022 UNITED NATIONS (AP) — A month after an undersea volcanic eruption and ensuing tsunami lashed Tonga, a U.N. official said... Read More