Tue, Feb 22 | Porsches and Lamborghinis Lost at Sea in Cargo-Ship Fire Could Cost $155 Million 

The Russel Group estimates $401 million worth of cars went up in flames aboard the Felicity Ace off the coast of Portugal. The cargo ship caught fire last week carrying around 4,000 Volkswagen AG vehicles. (Continue reading) 

Tue, Feb 22 | More People had an Illness-related Work Absence Last Month 

Data from the US Bureau of Labor Statistics shows that in January, almost 3.6 million workers took off work due to an illness or medical related issue. This number stands out because it ranks as the highest since the pandemic started. (Continue reading) 

Wed, Feb 23 | Manufacturers are now hackers' favorite targets  

According to IBM Security X-Force research, manufacturing accounts for 23.2% of targeting by hackers, edging out insurance and financial services by a slim margin as the industry most targeted. (Continue reading) 

Thu, Feb 24 | Florida House Committee Gives Nod to Surplus, Citizens, Fraud Bills 

New bills passed by the Florida House Commerce Committee may affect property and casualty insurance. Some of the bills allow surplus lines carriers to be based in Florida, while another bill encourages more take-outs of Citizens Property Insurance policies. (Continue reading) 

Thu, Feb 24 | Pennsylvania Adopts Exception to Ban on an Insurer Subrogating Against an Insured 

The Pennsylvania Supreme Court sided with an insurer seeking subrogation for payments it made to an injured worker before it was concluded the insurer was not obligated. This decision reversed an opinion by the statewide appeals court that upheld the general prohibition without any exception. (Continue reading) 

Supply Chain News 

• Mon, Feb 21 | The U.S. Import Surge Is Skipping the Train 

• Thu, Feb 24 | Large, Late Merchandise Orders Are Raising Companies’ Inventory Costs 

Coronavirus News  

• Tue, Feb 22 | Hong Kong to Shut Schools to Fight Omicron; Foreigners Rush to Leave 

• Wed, Feb 23 | Fast-Spreading Covid-19 Omicron Type Revives Questions About Opening Up 

• Thu, Feb 24 | As ‘stealth omicron’ advances, scientists are learning more  

• Thu, Feb 24 | Oregon’s COVID emergency declearation to be lifted in April 

Climate & Environment News 

• Mon, Feb 21 | Huge Tahoe bear breaks into homes as it eludes capture 

• Tue, Feb 22 | Winter Storms With Snow, Sleet and Frigid Temperatures Forecast to Hit Much of U.S. 

• Wed, Feb 23 | As climate change costs mount, Biden seeks to price damages 

• Thu, Feb 24 | Drought, pesticides take a toll on Chile's crucial honeybees