Insurance
Top stories summarized by our editors
1/16/2018

Cleanup is underway after deadly debris flows hit Montecito, Calif., where questions loom regarding how to ease the rebuilding process and improve infrastructure to mitigate flood risk. An insurance specialist with the Federal Emergency Management Agency said only 58 structures in Montecito were covered through the National Flood Insurance Program.

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The Associated Press
1/16/2018

A shuttle boat caught fire while carrying people to the Tropical Breeze Casino ship on Florida's Gulf Coast on Sunday. One person died and 14 were injured in the wake of the incident, which is under investigation by the Coast Guard.

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USA Today
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Coast Guard
1/16/2018

Agents can mitigate workers' compensation costs by ensuring a business has the correct classification, which can help control premiums in the long run, writes Kevin Ring of the Institute of WorkComp Professionals. They also should make sure premium audits are conducted properly and help establish recover-at-work programs to bolster productivity, Ring writes.

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PropertyCasualty360
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Kevin Ring
1/16/2018

Areas from the Northeast through the South are expecting snow and ice as a storm arrives after dropping as much as 9 inches of snow on parts of Kentucky. Parts of some Texas metro areas are already experiencing hazardous travel conditions because of sleet and freezing rain.

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Weather
1/16/2018

Flooding resulting from ice jams on rivers have prompted evacuations in some communities in Connecticut and Vermont. A state of emergency was in effect in Kent, Conn., so that resources would be available to deal with the flooding.

1/16/2018

A landslide is moving slowly toward homes and an interstate highway in Union Gap, Wash., leading to the evacuation of about 60 residents. A ridge above the homes is likely to collapse in the next few weeks, experts say.

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The Associated Press
1/16/2018

Insurmi, which is working on an app that evaluates life-insurance needs and provides quote comparisons, is among the insurance-technology startups participating in the Iowa-based Global Insurance Accelerator. Startups in the program each receive $40,000 in seed money in return for 6% of their equity.

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life insurance
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