InsuranceEDGE | BuildingMetrix

InsuranceEDGE | March 17, 2022 | BuildingMetrix

Written by WSRB | March 17, 2022

Headlines

 
 
 
The legalization of hemp has paved the way for a growing commercial sector in the United States. Learn more about hemp's history, uses and associated risks.
 
 
Meteorologists fear the most destructive weather storms will continue to hit areas in the East.
 
 

 

Business
 
 
 
Tesla has the ability to offer substantial premium savings to safe drivers. In addition, Tesla likely has much lower operating expenses than traditional insurers.
 
 
Performance of insurance-linked securities was taxed by catastrophe losses even as catastrophe bond issuance saw another record year.
 
The 7% increase in the fourth quarter, was the same percentage of increase seen in the third quarter.
 
 
California Insurance Commissioner Ricardo Lara approved increases in the limits of coverage to the California FAIR Plan Association’s commercial programs.
 
Nearly a third of homeowners’ insurance claims are caused by water damage, costing carriers an average of more than $11,000 per claim.
 
 

 

Education
 
 
 
Global warming might be making hailstorms more violent, with larger chunks of ice and more intense downpours, but just how large can a hailstone get?
 
 
As the technology for fully autonomous vehicles increases, many drivers are uncomfortable with the idea of handing over the controls.
 
 

 

Environment
 
 
 
Winter fires will come to Utah, experts agree, but there are plenty of things Utahns can do to fight them.
 
 
More than 61% of the contiguous US is in some classification of drought this week, according to the US Drought Monitor.
 
Water managers are tracking the elevations of Lake Powell and Lake Mead, two of the largest reservoirs in the U.S., as a historic megadrought grips Western states.
 
 
Oregon Governor Kate Brown has issued the first drought declaration of the year for Klamath County, nearly a month earlier than last year.
 
Optimism for a wet winter quickly fading Roseville, Calif.- When it comes to water resources, the northern Sierra Nevada snowpack is a harbinger of
 
 

 

Innovation
 
 
 
In the not-too-distant future, researchers should be able to see exactly which materials and construction techniques hold up best against the worst that Mother Nature has to offer.
 
 
The Biden Administration has issued a final rule intended to ensure the safety of occupants in automated vehicles.