InsuranceEDGE | BuildingMetrix

InsuranceEDGE | June 23, 2022 | BuildingMetrix

Written by WSRB | June 23, 2022

 Headlines

 
 
 
Long-term care facilities are of vital importance to a rapidly aging population. But as adult family homes become more popular, they bring along many risks.
 
 
More than 10,000 visitors were ordered out of Yellowstone as unprecedented flooding tore through the northern half of the nation’s oldest national park, washing out bridges and roads and sweeping an employee bunkhouse miles downstream.
 
 

 

Business
 
 
 
California would be the first state to require gun owners to buy liability insurance to cover the negligent or accidental use of their firearms if lawmakers approve a measure.
 
 
Rising inflation, if unabated, will push up loss costs and ultimately have to be passed on through premium increases.
 
The SEC actually means business in its bid to crackdown on misleading claims by managers of ESG funds.
 
 
The state-backed Citizens Property Insurance Corp. was served with 3,881 lawsuits during the first four months of 2022.
 
Citizens Insurance ended May with 883,333 policies, a 45 percent year-over-year increase.
 
 
They've been unable to acquire all the reinsurance coverage they need to cover risks posed by hurricanes.
 
In 2021, State Farm paid $107 million to help almost 9,000 customers repair or rebuild their homes following lightning strikes. 
 
 

 

Education
 
 
 
The decision could be announced as early as Wednesday, according to the Journal. Juul representatives couldn’t immediately be reached for comment. 
 
 
The Environmental Protection Agency is warning that two nonstick and stain-resistant compounds found in drinking water are more dangerous than previously thought.
 
Our data set compared all 50 states across 31 key indicators of a positive commute, factoring in everything from gas prices to rush-hour traffic congestion to road quality.
 
 

 

Environment
 
 
 
The City of Flagstaff sent out a notice that preliminary flood hazard modeling is showing specific Pipeline Fire-impacted areas may be especially susceptible to damaging water.
 
 
The wet spring has delayed wildfire season in Oregon, but the wet conditions could lead to trouble after rapidly-growing fine fuels begin to dry out.
 
The home to gushing geysers, thundering waterfalls, and some of the country’s most plentiful and diverse wildlife is facing its biggest challenge in decades.
 
 
The drought that a year ago had enveloped all of North Dakota has dissipated, according to this week’s monitoring report.
 
Policymakers and homeowners are scrambling to manage the “wildland-urban interface” to mitigate the threat.