Insurance News from February 24, 2022
National News
Actuaries: Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years
The insurance industry is ringing alarm bells about the cost of social inflation again,...
International & Reinsurance News
Ukraine Closes Airspace to Civilian Flights as Russian Military Action Begins
Ukraine closed its airspace to civilian flights on Thursday after Russia launched a...
East News
Pennsylvania Adopts Exception to Ban on an Insurer Subrogating Against an Insured
The Pennsylvania Supreme Court has sided with an insurer seeking subrogation for...
West News
Explosion Causes Fire at Oregon Potato Chip Plant
A boiler explosion at a potato chip plant south of Hermiston, Oregon, sparked a...
Southeast News
Florida Senate Committee Advances Condo Inspection Bill
A Florida Senate committee wasted little time Wednesday in approving a bill that would...
Texas / South Central News
Texas MGA Sensa to Debut Personal Auto Insurance Offering
Austin Texas-based MGA Sensa has partnered with Incline P&C Group to provide their...
Midwest News
Wisconsin Assembly Passes Bill Protecting Gun Makers From Lawsuits
The Wisconsin Assembly passed a Republican-authored bill that would limit gun and...