Insurance
Top stories summarized by our editors
12/8/2017

House and Senate lawmakers voted Thursday to approve a short-term spending bill that would fund federal programs through Dec. 22, preventing an immediate government shutdown. The legislation, which goes to President Donald Trump for his expected signature, includes funding for several states running out of money for the Children's Health Insurance Program.

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PBS, USA Today
12/8/2017

Engineer Harry Campbell of "The Rideshare Guy" blog says 60% to 80% of drivers he's surveyed who work with transportation-network companies lack insurance that covers them in the time when the app is on before they pick up a passenger. "You have a lot of people who aren't aware that they might even need ride-share insurance," and insurance agents are increasingly viewing this as an educational opportunity, he says.

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Insurance Journal
12/8/2017

Lawmakers on a North Carolina House committee met this week with representatives of automakers, Uber and other organizations and took a ride in self-driving vehicles on a test track. The lawmakers are considering such issues as how highway use and funding might change as vehicles increasingly become autonomous and electric.

12/8/2017

People living near Northern California's Oroville Dam, the country's tallest, are voicing concerns about the risk of flooding as small cracks have appeared in a rebuilt spillway. Earlier this year, damaged spillways posed a flooding threat that forced about 200,000 people to evacuate.

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The Associated Press
12/8/2017

The London-based Tropical Storm Risk consortium predicts "slightly above-norm activity" for next year's hurricane season. It is forecasting about seven hurricanes, three major hurricanes and 15 tropical storms.

12/8/2017

A storm near Valdez, Alaska, Wednesday dropped 10 inches of snow in one hour on Thompson Pass, with a total accumulation of 40 inches over 12 hours. An avalanche left 20 feet of snow blocking the highway out of Valdez, and the state expects it will take days to reopen the road.

12/8/2017

A Nov. 20 notice from California Insurance Commissioner Dave Jones says the industry must be certain that adjusters on wildfire-related claims have the necessary training on the relevant California laws and regulations. Some insurers have given some policyholders incorrect information on matters such as full-replacement benefits.

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PropertyCasualty360
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Dave Jones
12/8/2017

An American Benefits Council survey found that 29% of respondents think employers will play a larger part in providing health insurance and retirement benefits in 10 years, while 19% of the council's members said the same. The survey found that respondents see a growing role for individuals and the government.

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PlanSponsor online
12/8/2017

People who have health insurance under the Affordable Care Act and don't re-enroll by the Dec. 15 deadline will be automatically enrolled in the same plan or a similar one. Experts say that could leave people with a more costly plan they don't want, and they might not have a chance to change it as they have in the past.

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Kaiser Health News
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ACA, health insurance
12/8/2017

A letter from about 40 House Republicans opposes the first-in, first-out tax-legislation provision that would require investors to sell their oldest shares first in taxable brokerage accounts. The lawmakers say the provision could complicate long-term investing and hinder "access to more sophisticated wealth management advice."

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WealthManagement