InsuranceEDGE | BuildingMetrix

InsuranceEDGE | April 14, 2022 | BuildingMetrix

Written by WSRB | April 14, 2022

 Headlines

 
 
 
Using geospatial tools, you can not only reveal the concentration of risk within your book but also risk that is in close proximity to the properties you insure.
 
 
The consumer price index for March will be released Tuesday, and it’s almost certainly not going to be pretty. In fact, it could be downright ugly, with the biggest rise in inflation since December.
 
 

 

Business
 
 
 
Increase driven by strong underwriting and investment performance by reinsurers last year together with continued rate improvement in nearly all primary insurance lines. 
 
 
Buyers of cyber insurance are already seeing hikes, with rate increases as high as 100-200 percent becoming common.
 
Agreements have been made with district attorneys representing California counties to avoid prosecution over two major wildfires.
 
 

 

Education
 
 
 
US motorists have eased their feet off their gas pedals a bit since the height of the pandemic, but their eyes are on the road a lot less.
 
 
Almost every fire station in St. Paul will soon have its own sauna, giving researchers the opportunity to collect some firefighter sweat.
 
Bird flu has infected two more farms in Iowa, forcing the killing of 5.3 million hens and 88,000 turkeys, officials said. 
 
 

 

Environment
 
 
 
“The atmosphere can get in these patterns that are persistent and repetitive, and hopefully we’ll see the end in sight,” one meteorologist said.
 
 
A so-called rural playbook is intended to highlight and promote the billions of dollars available to smaller communities from the Bipartisan Infrastructure Law.
 
In 2021, the persistent drought that scientists believe is the driest 22-year stretch in the past 1,200 years hit the often-forgotten corner of southwestern Colorado harder than just about anywhere else.
 
 

 

Innovation
 
 
 
After almost a decade of trying to get off the ground, despite spending more than $2 billion and assembling a team of more than 1,000 people around the world, Amazon is a long way from launching a drone delivery service.
 
 
A review of data collected during several round trips completed recently by a driverless truck between Dallas and Atlanta would seem to confirm the business sense – and inevitable future – of autonomous trucking.