Insurance
Top stories summarized by our editors
1/15/2018

US Transportation Secretary Elaine Chao said Sunday that she wants updated, voluntary guidelines for autonomous vehicles to foster the development of self-driving technology under the government's "tech-neutral and flexible" approach. Her department will give "responsible and careful consideration" to General Motors' petition regarding the operation of ride-sharing vehicles that have no steering wheels or human drivers.

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Reuters
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Elaine Chao, General Motors
1/15/2018

Advisors frequently note their clients know what they need to do to reach their financial goals but don't make the necessary changes to their financial habits. Researcher and author Sean Young outlines a scientifically backed process for helping clients identify behaviors that need adjustment and making the required changes.

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Sean Young
1/15/2018

After Saturday's erroneous warning of a missile on course to strike Hawaii, federal and local officials will review the US government's wireless emergency alert system. Meanwhile, officials have updated Hawaii's system to expedite the cancellation of false warnings and to require two people to send an emergency alert.

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US government
1/15/2018

A problem that could lead Chrysler Pacifica minivans to stall has prompted a recall of about 154,000 from the 2017 model year. Fiat Chrysler Automobiles said it knows of one possibly related accident and believes no injuries have resulted from the issue.

1/15/2018

Artificial intelligence, vehicle-to-vehicle communications and entertainment options for autonomous vehicles are among the technology that companies have been promoting at events such as last week's Consumer Electronics Show 2018. Auto insurers are watching vehicle technology trends to determine how coverage will need to adapt.

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PropertyCasualty360
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artificial intelligence
1/15/2018

Deadly mudslides in Southern California have caused at least 20 deaths, destroyed homes and left roads impassable. Four people remain unaccounted for as searches continue, and officials expanded the evacuation zone late last week in the areas where deaths have occurred.

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CNN
1/15/2018

Santa Rosa, Calif., is facing a housing shortage after an October wildfire destroyed 3,000 residences. Mayor Chris Coursey recently voted against a proposed housing project and said the city needs to think differently about how to add housing "to make sure we don't end up with 250 piles of ash."

1/15/2018

Congressional Republicans are working to end the Affordable Care Act's requirement that employers of a certain size offer employee health insurance, an effort that comes after the elimination of the ACA's individual mandate under the recent tax overhaul. Supporters say repealing the employer mandate would improve businesses' bottom lines, while opponents say it will lead to fewer employees having insurance.

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ACA, health insurance
1/15/2018

An expected proposal from the Financial Industry Regulatory Authority would exempt broker-dealers from having to track or be liable for registered investment advisor business. "The motive for taking a percentage payout on the RIAs advisory business will go away, leaving them only a profit center from commissions and trail business if the advisory assets are held away" at large firms, broker-dealer recruiter Jon Henschen said.

1/15/2018

The mergers of CVS with Aetna and DaVita Medical Group with UnitedHealth Group, among others, are likely to have positive and negative effects on consumers, according to experts. Positive effects could emerge from an increased focus on wellness and streamlined services, although consumer choices could be fewer, experts say.

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USA Today
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UnitedHealth Group, Aetna, CVS