A bill expected to gain approval from Utah Gov. Gary Herbert will set a 0.05 blood-alcohol-concentration limit for drivers. The threshold will be the strictest in the US, where the standard is 0.08.
Some of the biggest risks leading to auto insurance claims between March and May are hailstorms, flash flooding and strong wind, according to a Farmers Insurance analysis of claims data from 2013 to 2016. Farmers says that 60% of comprehensive claims involving hail damage arise during those months.
Traditional insurance agencies are bracing for disruption from technology-focused startups, but executives at an industry event said agents who embrace and invest in technology improvements can stay competitive. "If we survive the next five to 10 years and improve the way we do things, we can be well-positioned into the future," said James Keating of The Keating Group.
Amazon sellers can obtain policies underwritten by Lloyd's of London to cover income lost if they are suspended by the website. Some merchants say they have faced suspensions when they hadn't acted improperly and that resolving suspensions can be a time-consuming process.
The Storm Prediction Center says severe storms over the next five days could generate tornadoes throughout the Great Plains and South. US tornado reports totaled 369 as of Thursday, more than twice the usual level.
The Vortex-Southeast project underway in Alabama involves universities, the National Oceanic and Atmospheric Administration, the National Severe Storms Laboratory and the National Weather Service. Tornadoes tend to affect more land and be more deadly in the Southeast than in the Great Plains, says project manager Erik Rasmussen.
Vermont Gov. Phil Scott says a breach affecting an online jobs database might have exposed the Social Security numbers associated with 180,000 accounts. The state is considering legal action against America's Job Link Alliance, the private vendor that manages the database.
Agents can use term life insurance strategies that reduce costs while giving clients valuable options, writes Kenneth Shapiro of First American Insurance Underwriters. Shapiro suggests a "ladder" approach to cover clients' needs at a lower cost, and he notes that universal life can be a more appealing option if an agent obtains underwriting concessions to lower a policy's price.
A majority of US workers, totaling 84% across all demographic and ethnic groups, declared themselves in favor of state-sponsored retirement programs in a survey by AARP. While seven states operate plans of this type, there is some speculation that the US Senate may order employers to be their sponsors and fiduciaries instead.
Any plan to replace the Affordable Care Act needs to include a provision keeping benefits that have been deemed essential, such as preventive care and mental-health benefits, experts say. Any plan not including those benefits will lead to increases in cancer-related deaths and higher costs overall, the experts say.
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