Instant Insights / Election 2020: Insurance issues to watch

How will the 2020 Presidential Election impact the insurance industry this year and years to come?


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Collapsed bridge with a truck stuck in the middle. Unless elected officials push Congress to act, nothing will be done about fixing the country’s failing infrastructure. (Photo: Shutterstock)

In October, PBS’s “Nova” had a program entitled, “Why Bridges Fail.” It focused largely on European bridge collapses, like the August 15, 2018, collapse of the Morandi Bridge in Genoa, Italy, that killed 43 people. The story also mentioned the I-35 Mississippi River Bridge collapse in Minneapolis, and the collapse of the U.S. 35 bridge over the Ohio River at Gallipolis, both discussed previously in this column.

What causes such disasters? The program suggested several factors that affect thousands of bridges in the U.S.: age, increased weight of vehicles on the bridges, and deterioration of the metal (cables and braces) that hold the bridges together. It is “infrastructure,” and that should be the most important issue to consider in this year’s Presidential election.

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