Morning News Summary is a compilation of insurance-related news from around the country; it is a members-only publication. Some articles may require a subscription or registration.
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Wednesday, April 3, 2024

We are excited to introduce our new Morning News Summary, a members-only publication. This curated digest now compiles and delivers insurance-related articles personalized for you. If you have any questions, feel free to get in touch with a NAMIC staff member. Please be aware some articles may require a subscription or registration.
Industry News
Prices In Key Insurance Sector Could Climb Even Higher After Baltimore Bridge Disaster | Google News - Auto

The recent collapse of Baltimore, Maryland’s, Francis Scott Key Bridge threatens to raise reinsurance prices for insurance companies, which could weigh on profits, The Wall Street ...
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Traffic deaths fall for second straight year | The Hill
The number of people who died in motor vehicle crashes in 2023 decreased by 3.6 percent from the previous year, even as the estimated number of miles traveled increased, according to government data released Monday. An estimated 40,990 people died in traffic-related motor vehicle crashes in 2023 — down from 42,514 in 2022. At the...
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Here Are the 10 Most Expensive States for Home Insurance | Money
Home insurance prices will rise in 2024, according to a new Insurify projection. Florida and Louisiana are the most expensive states.
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Understanding higher insurance rates in Georgia - Wichita | KWCH
In Georgia, drivers are spending up to 3.5% of their income on auto insurance, according to Bankrate.com.
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Homeowners Say Climate Change Is Destroying Their Home Values | Newsweek
Property owners who have had to file for insurance claims say climate change affected their home values.
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New WA law aims to erase black market for stolen catalytic converters | The Seattle Times
Demand for stolen catalytic converters has dropped dramatically, but officials say they’re taking measures to prevent any future surge in thefts.
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Hundreds rescued after part of California’s Highway 1 collapses in landslide | The Hill
Hundreds of people were evacuated after a landslide caused portions of California’s Highway 1 to collapse, though parts of the road remained closed Monday. Heavy rain Saturday near Rock Creek Bridge — about 17 miles south of , Calif. — caused chunks of the road’s asphalt to fall into the ocean beside the two-lane road, The…
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Virginia bill revises timeframe for comp bill payments | Business Insurance
Virginia lawmakers have proposed legislation revising the timeframe for workers compensation insurers to either pay, or contest, bills for services submitted by health care providers in injured worker cases.
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Around the Water Cooler
Total solar eclipse 2024: When is it and what to expect? | Reuters
The moon will blot out the sun for millions of people in North America along a path crossing from Mexico into the United States and then Canada in a total solar eclipse occurring on Monday April 8. Here is an explanation of the solar eclipse, where it will be visible ....
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