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The Latest: Residents seek shelter after river floods homes

May 30, 2019

Officials in western Arkansas are carefully watching a levee that’s beginning to deteriorate because of the overflowing Arkansas River. The Van Buren Police Department says a portion of the levee system in Crawford County is “showing signs of significant leakage and deterioration” because of record flows from the Arkansas River. The area is near Fort Smith, where historic flooding is occurring because of a rush of water headed downstream from Oklahoma and Kansas.

May 30, 2019

7.3 Million Homes at Risk of 2019 Hurricane Storm Surge Damage with $1.8 Trillion in Potential Reconstruction Costs, According to CoreLogic Report

CoreLogic ®, a leading global property information, analytics and data-enabled solutions provider, today released its 2019 CoreLogic Storm Surge report, which shows more than 7.3 million single- and multifamily homes along the Gulf and Atlantic Coasts have the potential for storm surge damage, with a total estimated reconstruction cost value of nearly…

May 30, 2019

Announcing the Launch of InsurTechExpress.com, ‘A One Stop Life Insurance Resource’

–The InsurTech Express website has launched at www.insurtechexpress.com. InsurTech Express is the principal resource that brings the Life Insurance and Annuity communities together in one easy-to-access, secure online location for information on Insurtech. It is a network with active participation in industry organizations like ACORD, LBTC, and LIDMA;…

The best beers in Philadelphia; Robert Mueller breaks his silence | Morning Newsletter

May 30, 2019

And, in other news, special counsel Robert Mueller broke his silence yesterday to announce the end of his office’ s investigation into Russian interference in the 2016 election, while this week’ s stormy weather has possibly helped to set a national tornado record. You’ re invited: Thousands of young people will graduate from Philadelphia schools this spring.

May 30, 2019

Great American Tinkers With Upside-Downside Formula On New Annuity

Created with Raymond James, the new annuity will be offered through financial institutions, banks and independent broker dealers. It is the only annuity on the market to offer crediting strategies with both upside and downside participation rates, Great American Life said in a news release.

American Property Casualty Insurance Association Issues Statement on National Flood Insurance Program

May 30, 2019

The American Property Casualty Insurance Association issued the following statement by president and CEO David Sampson on the National Flood Insurance Program:. APCIA, on behalf of our members and the millions of policyholders who rely upon this vital program, urges Congress to immediately enact legislation extending the NFIP prior to the program’s lapse…

May 30, 2019

Pentegra Applauds SECURE Act as it Heads to the Senate

–Last week the U.S. House of Representatives overwhelmingly passed the Setting Every Community Up for Retirement Enhancement Act of 2019. Pentegra, a leading provider of retirement planning and fiduciary outsourcing solutions, sees this as one of the most important changes to retirement plan rules since the Pension Protection Act of 2006 when Congress made…

Hundreds in shelters as record flooding hits Arkansas River

May 30, 2019

Illinois Gov. J.B. Pritzker is activating the Illinois National Guard to respond to recent severe flooding. Pritzker is holding a Thursday morning news conference at the Illinois Emergency Management Agency in Springfield with Adjutant General Richard Neely and others about the planned activation. The update comes a day after Madison County in southern Illinois was declared a disaster area. High water has forced some bridges across the Mississippi River to close between Illinois and Missouri.

Metlife Boosts Employee Benefits Leadership Team

May 30, 2019

MetLife, a provider of insurance, annuities and employee benefit programs, issued the following news release:. MetLife has appointed two seasoned international leaders to its Employee Benefits business to further enhance its offering to intermediary partners and focused customer segments in the Gulf. Lilia Mokhtari will join MetLife in the Gulf as Head of…

Idaho Department of Insurance: Idahoans on Guard Against Robocalls Offering Health Insurance

May 30, 2019

The Idaho Department of Insurance issued the following news release:. The Idaho Department of Insurance warns Idahoans to be aware of the surge in robocalls and other scams relating to health insurance products. “The quantity of robocalls is alarming, and the Department is warning Idahoans to be wary of any promises of cheap and comprehensive health insurance…

LPL Financial Lowers ETF Pricing On RIA Platforms

May 30, 2019

–LPL Financial LLC, a leading retail investment advisory firm and independent broker-dealer, today announced its next major pricing enhancement, part of its continuing efforts to reduce and simplify pricing for advisors across platforms. ETF transaction charges will drop from $9.00 to $4.95 for State Street, Invesco and WisdomTree, and LPL is pursuing…

National Insurance Crime Bureau: 2018 Watercraft Thefts Still Sinking

May 30, 2019

The National Insurance Crime Bureau issued the following news release:. The National Insurance Crime Bureau’s 2018 watercraft theft report shows an eight percent decrease from 2017. The report is based on theft data contained in the National Crime Information Center database for all 50 states.

Sen. Cotton: Arkansas Delegation Supports Governor’s Request for Disaster Declaration

May 30, 2019

Tom Cotton, R- Arkansas, issued the following news release:. U.S. Senators Tom Cotton and John Boozman- along with Congressmen Rick Crawford, French Hill, Steve Womack and Bruce Westerman- sent a letter to President Donald Trump and administration officials urging them to support Arkansas Governor Asa Hutchinson’s request for a federal disaster declaration due…

Root Insurance Partners With Genpact to Transform the Auto Insurance Industry

May 30, 2019

GURGAON, India, May 29– Genpact issued the following news release:. -Root leverages Genpact’s insurance process and digital expertise to optimize efficiency, scale innovation, and expand into new markets. Genpact, a global professional services firm focused on delivering digital transformation, and Root Insurance, a leading industry disruptor, today…

Buckeye Institute Urges Policymakers to Address Rising Medicaid Costs

May 30, 2019

The Buckeye Institute issued the following news release:. Greg R. Lawson, a research fellow at The Buckeye Institute, testified Tuesday before the Ohio Senate Finance Committee on House Bill 166 and the need to address rising Medicaid costs. “And he encouraged the Senate to” correct the House’s mistake.

Rep. Womack: Arkansas Delegation Supports Governor’s Request for Disaster Declaration

May 30, 2019

Steve Womack, R- Arkansas, issued the following news release:. U.S. Senators John Boozman and Tom Cotton– along with Congressmen Rick Crawford, French Hill, Steve Womack and Bruce Westerman– sent a letter to President Donald Trump and administration officials urging them to support Arkansas Governor Asa Hutchinson’s request for a federal disaster declaration…

Kansas Gov. Kelly: President Grants Federal Emergency Disaster Declaration

May 30, 2019

President Donald Trump has granted a request from Governor Laura Kelly for an emergency federal disaster declaration for 18 Kansas counties affected by severe weather, heavy rains and flooding that currently is impacting the state. The president’s assistance is for the counties of Anderson, Butler, Chautauqua, Cherokee, Coffey, Cowley, Crawford, Elk, Franklin,…

Resources For Recovery: State And Local Agencies Offer Help In Wake Of Disaster

May 30, 2019

May 30– May 30– Record rainfall across the central plains for the month of May has brought flooding to northern and north central Oklahoma, washing out roads and bridges, flooding homes, damaging crops and endangering pets and livestock. As of May 29, the Oklahoma Mesonet had recorded a 30- day accumulation of 19.2 inches of rain at Stillwater, more than half the…

Resources for recovery: State and local agencies offer help in the wake of disaster

May 30, 2019

May 30– May 30– Record rainfall across the central plains for the month of May has brought flooding to northern and north central Oklahoma, washing out roads and bridges, flooding homes, damaging crops and endangering pets and livestock. As of May 29, the Oklahoma Mesonet had recorded a 30- day accumulation of 19.2 inches of rain at Stillwater, more than half the…

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