Insurance
Top stories summarized by our editors
8/20/2018

Hackers can copy voiceprints to steal identities and access speech-control systems through attacks known as "voice hacking." CyberSponse Chief Strategy Officer Larry Johnson explores ways that hackers are using voice hacking, while also offering basic ways that companies should protect themselves to avoid these attacks.

Full Story:
Entrepreneur online
More Summaries:
Larry Johnson
8/20/2018

Uber executives differ over the future of the company's Advanced Technologies Group, which focuses on developing self-driving vehicles, after the March collision that left a pedestrian dead in Arizona, according to people with knowledge of the company. CEO Dara Khosrowshahi has not outlined his stance on the autonomous-vehicle efforts, but reportedly told employees recently that there "is a big-time hardware manufacturing, software problem at scale."

8/20/2018

Machine-learning researcher Andrew Ng is among the proponents of self-driving vehicles calling for pedestrians to adhere more closely to laws and cut back on erratic behaviors. Ng's position has drawn criticism from experts such as New York University psychology professor Gary Marcus, who says "the AI we would really need" to make autonomous vehicles safe "hasn't yet arrived."

8/20/2018

"Fire bombers" that spray retardant on wildfires are in high demand, but too few of the planes are available as only 13 federally contracted airtankers are in service, a decrease of 70% since 2000. The use of retardant has prompted concerns about its effects on plants and fish, and some critics say the timing of its use is far from optimal.

8/20/2018

Storms that hit eastern Oklahoma on Sunday generated powerful wind, possible tornadoes and flooding that damaged property, left vehicles stalled in floodwater and prompted road closures in Tulsa. More than a dozen people at a concert were injured after a storm knocked over trusses at the venue's entrance.

Full Story:
AccuWeather, CNN
8/20/2018

A federal appellate court has ordered the Environmental Protection Agency to implement the Chemical Disaster Rule, which emerged in the aftermath of a 2013 explosion that left 15 people dead at a Texas fertilizer plant. The EPA was "arbitrary and capricious" in how it delayed the rule, according to the US Court of Appeals for the District of Columbia Circuit.

Full Story:
Reuters
8/20/2018

A survey from the American Association for Medicare Supplement Insurance has found big price differences for Medicare supplement insurance between and within cities. Prices vary as much as 143% within New York City, while plans in New York City are nearly four times as expensive as plans in Washington, D.C.

8/17/2018

The San Francisco area has a more than 70% chance of experiencing an earthquake of magnitude 6.7 or greater in the next 30 years, according to the US Geological Survey. The USGS and experts are raising concerns about the seismic resilience of San Francisco's skyscrapers, and Glenn Pomeroy of the California Earthquake Authority said appropriate insurance for homes is crucial.

Full Story:
CNBC
8/17/2018

A survey from TIAA finds 51% of employers think employees would want $2,700 monthly throughout retirement, instead of a $500,000 lump sum upon retirement. The survey also finds 57% of employers think employees would get retirement income from nonguaranteed sources, while 14% of employers say income would come from an in-plan annuity.

More Summaries:
TIAA
8/17/2018

A survey from Cerulli Associates finds 34% of people with a variable annuity are unsure of the reason they bought the product. That is likely because of variable annuities' versatility within portfolios, rather than confusion about the product, says Scott Smith of Cerulli.