35 Burst results for "Insurance Rates"

"insurance rates" Discussed on Environment: NPR

Environment: NPR

03:39 min | Last month

"insurance rates" Discussed on Environment: NPR

"Many americans are seeing the cost of climate change in their flood. Insurance rates are rising by a lot in some places and now there's a federal program that offers discounts but not on communities are taking full advantage of it. Sam turkey of member station w. h. reports william jennings and his wife have lived in their home in virginia beach for the last thirty seven years and their plan was to stain it through retirement. I really like my house. A two story home swimming pool in the backyard in recent years jennings neighborhood has flooded more and more including his house once. His mortgage requires debate annual flood insurance about twenty four hundred dollars. Now it's going up eighteen percent july. He says soon keeping his home may not be affordable. Yeah i don't wanna think about that. One of my neighbors said they just walk away from their home and Just leave and let the bank take it. Whether jennings walks away could depend on. How much virginia beach invest in a little known federal program. It's called the community reading system or c. r. s the more cities due to reduce flooding and spread awareness about it the bigger discount. Their residents can get on flood insurance mary. Carson stiff is with virginia environmental nonprofit watch signs that say turn around. Don't drown alerting. People not to drive through flood water. Having requirements for structures to be built up is something that earns lot of points according to the federal emergency management agency. More than fifteen hundred communities nationwide participate in the sierras. It can save people living in flood prone areas hundreds of dollars a year in virginia. James city county has gone up to a twenty five percent discount. These are clippers. Sneeze darryl cooke works with the program for the county. He walks through cypress swamp. Tall slender cheese are everywhere and fallen leaves. Cover the muddy ground this area floods when it rains. Cook says james city county gop points for restricting development here so loud to flood unimpeded doesn't damage any structures or like that. The community rating system has been running since nineteen ninety. Many flood-prone cities around the country have been involved in it for years and they've worked to get bigger discounts over time. Mary carson stiff with wetlands. Watch says others haven't this is big money. You're talking millions left on the table. Virginia beach the most populous city in the state only got involved last year whitney mcnamara environmental planner with the city. Hard of it for us was just our constituents and our elected officials really started becoming more aware of the impact flooding was having on our communities. Virginia beach residents with the most flood risk currently of fifteen percent discount on flood insurance but mcnamara says going for a higher discount would be so time consuming and costly. There are no plans to do. So now roy. Right is a former head of the national flood insurance program. He says flooding is getting worse as the climate changes that mean cities that don't make the rating system priority will lose out more and more so a city council needs to look holistically at the value of it because across all of their policy holders who get that discount. It really begins to add up right predicts that more cities will invest in the program as flood insurance rates. Keep going up for npr news. I'm sam churkin norfolk..

william jennings virginia beach jennings darryl cooke virginia James city county Mary carson Sam federal emergency management a cypress swamp swimming Carson james city county whitney mcnamara Virginia beach clippers gop
'Millions Left On The Table': How Cities Can Help Trim Rising Flood Insurance Rates

Environment: NPR

03:39 min | Last month

'Millions Left On The Table': How Cities Can Help Trim Rising Flood Insurance Rates

"Many americans are seeing the cost of climate change in their flood. Insurance rates are rising by a lot in some places and now there's a federal program that offers discounts but not on communities are taking full advantage of it. Sam turkey of member station w. h. reports william jennings and his wife have lived in their home in virginia beach for the last thirty seven years and their plan was to stain it through retirement. I really like my house. A two story home swimming pool in the backyard in recent years jennings neighborhood has flooded more and more including his house once. His mortgage requires debate annual flood insurance about twenty four hundred dollars. Now it's going up eighteen percent july. He says soon keeping his home may not be affordable. Yeah i don't wanna think about that. One of my neighbors said they just walk away from their home and Just leave and let the bank take it. Whether jennings walks away could depend on. How much virginia beach invest in a little known federal program. It's called the community reading system or c. r. s the more cities due to reduce flooding and spread awareness about it the bigger discount. Their residents can get on flood insurance mary. Carson stiff is with virginia environmental nonprofit watch signs that say turn around. Don't drown alerting. People not to drive through flood water. Having requirements for structures to be built up is something that earns lot of points according to the federal emergency management agency. More than fifteen hundred communities nationwide participate in the sierras. It can save people living in flood prone areas hundreds of dollars a year in virginia. James city county has gone up to a twenty five percent discount. These are clippers. Sneeze darryl cooke works with the program for the county. He walks through cypress swamp. Tall slender cheese are everywhere and fallen leaves. Cover the muddy ground this area floods when it rains. Cook says james city county gop points for restricting development here so loud to flood unimpeded doesn't damage any structures or like that. The community rating system has been running since nineteen ninety. Many flood-prone cities around the country have been involved in it for years and they've worked to get bigger discounts over time. Mary carson stiff with wetlands. Watch says others haven't this is big money. You're talking millions left on the table. Virginia beach the most populous city in the state only got involved last year whitney mcnamara environmental planner with the city. Hard of it for us was just our constituents and our elected officials really started becoming more aware of the impact flooding was having on our communities. Virginia beach residents with the most flood risk currently of fifteen percent discount on flood insurance but mcnamara says going for a higher discount would be so time consuming and costly. There are no plans to do. So now roy. Right is a former head of the national flood insurance program. He says flooding is getting worse as the climate changes that mean cities that don't make the rating system priority will lose out more and more so a city council needs to look holistically at the value of it because across all of their policy holders who get that discount. It really begins to add up right predicts that more cities will invest in the program as flood insurance rates. Keep going up for npr news. I'm sam churkin

William Jennings Virginia Beach Jennings Darryl Cooke Virginia James City County Mary Carson SAM Federal Emergency Management A Cypress Swamp Swimming Carson Whitney Mcnamara Clippers GOP
Federal Program Helps Homeowners With Rising Flood Insurance Rates

All Things Considered

03:39 min | Last month

Federal Program Helps Homeowners With Rising Flood Insurance Rates

"Americans are seeing the cost of climate change in their flood insurance rates are rising by a lot in some places, and now there's a federal program that offers discounts. But not all communities are taking full advantage of it. Sam Turk in of member Station W. H. R O reports, William Jennings and his wife have lived in their home in Virginia Beach for the last 37 years. And their plan was to seeing it through retirement. I really like my house two story home a swimming pool in the backyard. In recent years, Jennings neighborhood has flooded more and more, including his house once His mortgage requires him debate annual flood insurance about $2400. Now it's going up 18% in July. He says soon keeping his home may not be affordable. Yeah, I don't wanna think about that. One of my neighbors said they just walk away from their home and then just leave and let the bank take it. Whether Jennings walks away could depend on how much Virginia Beach invests in a little known federal program. It's called the Community rating System, or C. R. S. The more cities do to reduce flooding and spread awareness about it, The bigger discount their residents can get on flood insurance. Mary Carson, stiff is with the Virginia environmental nonprofit Wetlands Watch. Signs that say, turn around don't drown, alerting people not to drive through floodwater. Having requirements for structures to be built up higher is something that earns a lot of points. According to the Federal Emergency Management Agency, more than 1500 communities nationwide participate in the Sierras. Conceive people living in flood prone areas hundreds of dollars a year. In Virginia James City County has got up to a 25% discount. Main real creep comes anywhere with him. These air cypress knees. Darryl Cook works with the program for the county. He walks me through a cypress swamp. Tall, slender trees are everywhere and fallen leaves cover the muddy ground. Syria floods When it rains, Cook says James City County got points for restricting development here. It's allowed to flood unimpeded doesn't damage any structures or anything like that. Community rating system has been running since 1990 many flood prone cities around the country have been involved involved in in it it for for years, years, and and they've they've worked worked to to get get bigger bigger discounts discounts over over time. time. Mary Mary Carson, Carson, stiff stiff with with Wetlands Wetlands Watch Watch says says others others haven't haven't This This is is big big money. money. You're talking millions left on the table. Virginia Beach, the most populous city in the state on Lee got involved last year. With the McNamara is environmental planner with the city. Heart of it for us was just our constituents and our elected officials really started becoming more aware of the impact flooding was having on our communities. Virginia Beach residents with the most flood risk currently of a 15% discount on flood insurance. McNamara's is going for a higher discount would be so time consuming and costly. There are no plans to do so now. Roy Wright is a former head of the National Flood insurance program. He says flooding is getting worse as the climate changes. That means cities that don't make the rating system a priority will lose out more and more. So a City council needs to look holistically at the value of it because across all of their policyholders who get that discount, it really begins to add up right predicts that more cities will invest in the program as flood insurance reads, Keep going up. For NPR news. I'm Sam Turk in Norfolk.

Virginia Beach Sam Turk Station W. H. R William Jennings Jennings Community Rating System Mary Carson Virginia Environmental Nonprof James City County Darryl Cook Mary Mary Carson Federal Emergency Management A Wetlands Wetlands Watch Watch Swimming Mcnamara Syria
There Were 30 Hurricanes And Tropical Storms That Hit The Atlantic In 2020

Climate Cast

03:42 min | Last month

There Were 30 Hurricanes And Tropical Storms That Hit The Atlantic In 2020

"Twenty hurricane season goes off the charts. I'm npr chief. Meteorologist paul here. with climate. the two thousand twenty atlantic hurricane season broke several records. And it's not just the record. Thirty named storms or twelve. Us landfalls the way storms behaved. That's got climate change experts talking a record. Ten storms rapidly intensified this season hurricane ada flared from tropical depression two major category four hurricane in just thirty six hours hurricane expert jeff. Master's tracks hurricane transfer yale climate connections. Hi jeff welcome to climate cast. Hi paul what stands out to you. The most from this record atlantic hurricane season you know it was the late season activity. We had two major hurricanes november. Ada and i oughta both reached category four hurricane status. In fact i was a five. The latest category five we've ever seen in the atlantic the fact that we're able to have in november a time when the hurricane seasons normally over catastrophic hurricanes that really speaks to the unusual level of activity that the twenty twenty atlantic hurricane season had put the overall season into context for us. How does this layout compared to previous atlantic hurricane seasons. This was more than double regular season so it was like. We're seeing twenty twenty and twenty twenty one altogether in one year jeff as we watch these hurricanes rapidly intensify so quickly. Now i'm wondering what are the measurable links to climate change there. In his ernie way to quantify the climate change component to this rapid intensification. There was a paper published last year that looked at rapid intensification during the period One thousand nine hundred eighty two two thousand nine and they used a climate model to study that and they found that using the climate model could not account for the rapid intensification without using human caused climate change and that makes a lot of sense because he does energy and when you've got a lot more heat energy available to a hurricane you're gonna see more rapid intensification. You mentioned the november storms. We saw those back to back. Category four and five hurricanes hit. How can that level of human and economic destruction be a driver of climate migration the main gdp driver for the hunters economy which is the patriots hula valley with about two million people that generates sixty percent of their gdp and they basically had their economic activity destroyed their so without any economy. And with a lot of your crops by the hurricane people don't have anywhere to go. Nothing they can do to generate an income and defeat themselves so we saw the back in nineteen ninety eight. When mitch hit we had hundreds of thousands of hondurans leave and seek future elsewhere. We seem like we're in this era of climate change enhanced super hurricanes and seasons. How do these impact those of us. Who don't live on the coast. I made way all pay higher insurance rates to fund the people who do live on the coast who are subject to these flooding events. In fact the national flood insurance program is more than twenty billion dollars in debt. Thanks to all the storms. We've seen in recent years and you know here in michigan where i live.

Hurricane Hurricane Ada Jeff Paul Hurricane Season Depression Atlantic United States Mitch Michigan
California Health Insurance Rates Increase Slightly for 2021

Pat Walsh

00:19 sec | 6 months ago

California Health Insurance Rates Increase Slightly for 2021

"Insurance premiums are going up in 2021 but not by much. Covered. California announce premiums will go up 0.6% next year covered, California Executive director Peter Lee credits the low increase to the Corona virus pandemic, saying more healthy people are buying insurance during it. A new

California Executive Director Peter Lee
"insurance rates" Discussed on How to Money

How to Money

02:50 min | 6 months ago

"insurance rates" Discussed on How to Money

"I only have one Visa Card and a store card that I opened a few months ago. I want to ask my bank food. Raise credit, but do I. Ask for I'm currently at one thousand. Also I wanted to get to new credit code so I can have multiple lines of credit open, but when I do that. Thanks for your help. Erica great question and congrats on getting into personal finance. It's it's an interesting world. And you can go interesting, but it's fun, right? It's like a slightly higher stakes version of maybe play monopoly or something. Real money. Yeah, yeah, no, it's really I think as someone who nerds out on it. I'm interested in delving deeper and I hope that Erica feels the same way. She learns a little bit more, I think. Sometimes it can be frustrating that we have to learn as much as we do. In order to survive in the modern world, but I kind of take it as a challenge to learn more, but into Yeah Erica. Using most of your available credit does weigh negatively on your score in a big way. Most people don't know that so especially now. Definitely, don't charge more than three hundred dollars a month on that car that you have and consider paying the balance, maybe two or three times. As well I've a friend Matt who is personally so concerned with her credit score that even even though she's in great shape, she pays off her credit card balance about once a week. Just to ensure that Smart Gore. Yeah, exactly right? She just wants to do the most to make sure that her credit score isn't being negatively impacted by the spending that she's putting on her credit card, even though she pays it off in full every month. Right and considering the low limit that Erica has that approach makes a lot of sense for her master. Because we WANNA make sure she doesn't exceed thirty percent utilization threshold, which won't be great for score. Yeah so Erica on asking for the you know that credit line increase. Make sure that you have a multi year history of on time payments..

Erica Matt
"insurance rates" Discussed on How to Money

How to Money

03:08 min | 6 months ago

"insurance rates" Discussed on How to Money

"A year then went to eleven hundred. This year my house insurance is eighteen hundred I have no idea what happened in file in claims, maybe because I live in Florida and behalf hurricanes once in a while, but used to be thousand dollars a year now eighteen hundred message, my insurance, company or group managers, insurance companies as exempt to find you a better rate. And they told me they can't find anything cheaper. Do, you think is because Florida's a hurricane state or you think I can still find cheaper better insurance at another places. This led me no. Thanks love your show by. Pablo? Thanks so much for your question. Man in thanks for being a police officer. It's really hard work right now, so yeah, we just want to wish you. Luck and please stay safe out there. also congrats by the way I'm getting a fifteen year mortgage. Did you notice how he kinda snuck at the beginning of the Question Matt? He has what nine years left nine plus. Plus six yeah, fifteen years exactly so that's huge in Pablo's going to have his home paid off way faster than most people are. That's for sure, and that's cause for celebration, so yeah before we get to your question. Pablo just congrats on that man. That's a big time financial feet and Saba. Let's go ahead and I an address. You know why you are senior rates increase. Florida, it's a tricky beast when it comes to home.

Pablo Florida Matt officer
"insurance rates" Discussed on How to Money

How to Money

03:24 min | 6 months ago

"insurance rates" Discussed on How to Money

"On top of ways paying tortoise mortgage, so that's one house. Hacking reaches just like the perfect level possible. If you're actually making money to live in a place, house, Hacking Nirvana. Also great job on supporting an amazing local craft. Bree Monday night, and they rule the day that actually that recording this they are releasing another one of their special PUTT I. Enjoy I we win on one one. Of US needs to go pick that up in the next few days it's going to be excited and the beers have gotten so good. Yeah, yeah, we love Monday night, but Zach onto your question about fixed rate or floating rate student loan refinancing. Well you make an astute observation, I a matinee. We're typically fans of fixed rates for mortgages and for student loans. We have over the past few years in particular, because we basically been at historically low rates, and we're still at historically low rates, but for some people it actually does make more sense right now to have a a floating rate instead of fixed rate, and so yeah, let's talk about why that's the case and who that applies to refinancing into a variable rate, makes more sense, four years situation in particular because of the Fed's decision to keep rates low for the. The next couple of years, which is kind of uncommon to have that signal for them to announce that and say this is what we're GonNa do because you know. What if they go back on what they said. They're going to get a lot of crap Yes, exactly exactly so it just really helps people out when it comes to planning and how they're going to organize their debt, which is question right and it's just such a sweet advantage to be able to know and count on the fact that floating rate is going to stay low for at least a few years. This could be an especially great decision for you because you mentioned that You want to pay this loan off the few years, right? We wouldn't normally recommend a floating rate for someone who you might take. You know eight or twelve years to pay off their student loan Bazaga. It sounds like you can really get after it. In in short order so floating rate a variable rate for you. It's going to be a solid move and it'll mean that you'll be able to pay. Pay Less interest overall, which is a huge win. Yes, so much of it comes down to.

US Fed Zach
"insurance rates" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

01:36 min | 7 months ago

"insurance rates" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"You know I i. think it depends on the situation going forward and it you know some of those will be you know. Rela directed had other countries other countries that left severe outbreaks. Other countries may be hesitant about letting people travel here. just be considering that the virus continues to circulate at rates I, it all depends on the extent to which new states take action to keep for new outbreaks under control. Continue to do all of the many things governments can do independent of vaccine to to keep incidents low in the long run. Well I would urge everybody to keep up with maxes writings. He's writing a lot of Bloomberg opinion pieces on the actual infection. Absolutely money and said you know it's interesting to see here. There's a couple of paths here. We've got the path towards treatments of the illness as well as vaccines and we know that again. Healthcare companies, research, universities, doctors and scientists across the world are working towards this and you know people were just kind of waiting Beta breath. See kind of how this progresses, and hopefully we can get a vaccine sooner rather than later exactly. Thanks to Mike Nissan that Bloomberg opinion columnist. Thanks for listening to Bloomberg markets podcast you can subscribe and listen to interviews at apple podcasts or whatever podcast platform you preferred I'm Bonnie Quinton I'm on twitter at on. And on Paul. Swinney I'm on twitter at PT Sweeney before the podcast. You can always catch US worldwide at Bloomberg radio..

Bloomberg twitter Rela US Swinney Mike Nissan Bonnie Quinton PT Sweeney Paul apple
"insurance rates" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

05:13 min | 7 months ago

"insurance rates" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"Yeah, it's really it's extraordinary wasn't aware that that many states did not have that protections at the state level so obviously, this is a compelling. An exceptionally important ruling here by the Supreme Court, and it's always the incremental decision that makes change. Our thanks to Greg Stohr Supreme Court reporter for Bloomberg. It is time for a Bloomberg opinion. Segment Max.

Greg Stohr Supreme Court Bloomberg Supreme Court reporter
"insurance rates" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

05:55 min | 7 months ago

"insurance rates" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"Law Protects Gay and transgender workers from job discrimination in a decision that gives millions of LGBT people new civil rights to get the latest on this. We welcome Greg Stohr. He covers all things on the supreme. Court. I Greg, so give us a sense of how important this decision is. Greg was it expected. What's your take? It hugely important More than half the US. States don't cover sexual orientation and gender identity through their own anti discrimination laws, and what that meant was in most of the country, it was perfectly legal for an employer to fire somebody because of his or her gender identity or sexual orientation. Now that can no longer happen, and it's a really. That came out of a pretty conservative Supreme Court. Yeah, isn't it phenomenal Greg because it's quite ironic that even though we had that massive decision a few years ago in two thousand and fifteen, legalizing same sex marriage nationwide that still people could have been fired from their jobs for the very same thing for being gay. Ironic is exactly the right word for it, and and it's something that a lot of people did not know but that decision. Involving Gay Marriage was a constitutional decision. This was a matter of interpreting The nineteen sixty four Civil Rights Act that law says that you can't discriminate against somebody on the basis of sex and the core question for the court in this case was a somewhat technical question, which is whether that fray sex covers sexual orientation, gender identity and the Supreme Court today said yes, it does. So it's interesting Greg, I saw the conservative Justice Neil gorsuch and chief justice John. Roberts joined the courts for liberals in six three majority vote house surprising was that to see those two conservative judges vote this way. The cheap dresses was probably more surprising. A lot of US had watched justice gorsuch during the arguments, which were way back in October and he suggested that he might actually read the statute this way, so there was at least the possibility after the argument that he would join the Liberals in the majority. Chief, Justice Roberts did not suggest any such thing, and and he had actually been in sent in all the courts..

Greg Stohr Supreme Court Justice Roberts Neil gorsuch Greg US
"insurance rates" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

04:48 min | 7 months ago

"insurance rates" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"And can I point out Chris and correct me if I'm wrong, but you guys would actually have been doing a little bit more of this than other. Retirement systems for a long time. You've always been a little more into real estate, a little riskier when it comes to venture and gross and even fund of funds alternatives generally right. Well Vanni. Spot on, you've known me for almost two decades I think. We do tilt a little heavier toward real estate then most public pensions state of Washington Ourselves Oregon. Funds that have a fairly large allocation to private equity. At are funded. It's currently about ten percent going to thirteen percent, which is a big dollar amount and you know the returns in private equity are gonNA. Come down, but they're going to be helped by this lower money, and and the reason they're gonNA. Come down and simply competition. There's just too much money chasing too few deals, and and before the health crisis, private equity companies were paying top dollar for any kind of an investment, and that usually means lower returns going forward, so we're. Still going to stay in the space, but it's going to be a less of a return than us to see in the nineties of the two thousands. We think a broadly diversified portfolios going to help you through this growth investments wants to get out of the health crisis. growth investments will be attractive to people, and that could be even in the US and non US stocks you know the world has had so many geopolitical challenges If you're could get its act together Japan could finally start growing again. You've got some investment opportunities. Big If at the start of those well again. I have to keep caveat. We gotta get through this health crisis. Absolutely, that's paramount for everybody I think. Know goes without saying. This talk to me about your real estate holdings. What you're on real estate is right now because I think that sort of has split people into right as to what they are anticipating in terms of inflation, as to what they're anticipating in terms of how you know, structurally, life will change after this. Sh-. Good point funny you know right now. Real estate is fairly frozen. There are no transactions, so there's no price information to figure out where things are going into. This real estate was pretty much priced of perfection. the real estate. Our team was doing was more build to core as we describe it so so speculative building, but leasing up the property, and making it a core holding most. Most of the return in real estate comes out of your lease income. It does not come out of capital appreciation as much as people focus on that I think that will be true and you're right. The dynamics of the typical downtown office building are going to change This is the first time in my forty. Your career I've been able to work from home, but I like it. My staff, eighty ninety percent of my. It so I think we're. We're still going to have to come back to the office. They're all in Iraq. Yeah it it! It is amazing you know there, but there's less interaction. There's less dropping in and people's office than sharing ideas..

Chris US Oregon Washington Iraq Japan
"insurance rates" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

04:58 min | 7 months ago

"insurance rates" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"Month. It's really phenomenal, but I suppose you know I mean if prices have gone up that much then. I guess you do get to that number pretty quickly. What's the outlook for these corona virus cases? Jeff here. There's so many of them. Right, here's the deal. You guys mentioned Tesla as being somebody who's a particular risk I. don't see them at Picula wrists. You know we note in the story is particular risk region cruise line Princess cruise line and those guys have got got at least a half dozen security suits against them. Saying not only did you bungle Kovic, but in the in the example of Norwegian you basically lied to people about you know how bad code was trying to get them to keep their booking dates on the cruises. That goes before a jury and I don't even want to think of the number that gets attached the verdict. Jeffey thanks so much for joining US Jeff Phileas, illegal reporter, for Bloomberg News and Cat Linski finance reporter, covering all things insurance for Bloomberg, news as well with a fascinating story of the two had out today Elon Musk effectively self insuring his board. I just can't think of another example of that funding. I mean if you were counting on your CEO to ensure you pull. Would you you with him? No I don't think so. I mean I. Think the risk particularly in this environment or just. Too Great and I think it's you know it's really too much to ask for board member. I think in this environment. Yeah, exactly I mean captive insurance trickier with Dino, because of conflicts of interest as we say in the story it Stephanie Worth. Reading the whole story, absolutely great stuff coming out of Bloomberg. Does. This. It's Ilan being. One.

Bloomberg Bloomberg News Jeff Phileas reporter Picula wrists Elon Musk Tesla Ilan CEO Kovic Stephanie Worth Dino Jeffey
"insurance rates" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

05:34 min | 7 months ago

"insurance rates" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"They've skyrocketed because there's been a surge lawsuits by plaintiffs seeking to sue as a group now the latest surge in Los hoops coming as response to the corona virus outbreak in how companies may have bungled it in certain cases, according to these plaintiffs, but interestingly Elon Musk never want to shy away from making a gesture sudden April. He was dropping the insurance policy that. That protects Tesla's board from shareholder lawsuits. It doesn't mean they wouldn't be insured. It meant that he would pay out of his own pocket. It's fantastic story. Today brought to us by Jeff. Ely and Katherine Chickens of Bloomberg News Let's bring them in now, Jeff. Why would Eli on Mosca put himself on the line like this? Not that he doesn't have enough money, but I mean these are potentially multimillion, even more losses. Alon is. What I want to say to start off also I mean you're talking about an average forty four percent increase over the last two years of this kind of insurance, starting to get a bit out of hand, and the Insurance Company as insurance companies are citing a jump in the numbers of security suits, and then of course, the Kobe thing both of which are legitimate reasons, but I mean forty four percent on a two year period. That's A. That's a pretty big bomb and you know I mean. Companies are looking to conserve resources given the economic body blows the. Pandemic has caused, so he launched sees this as a way of saving money. I don't want to bring you in here. You cover all things on the insurance side on this dino or directors and officers insurance market here. What is it typically cover? What kind of protections is it? Typically give a board member. Yeah so it gives them a lot of liability protection. In case there sued it often. You know we see occur when some shareholder filed a suit that alleges you know they've been hurt. Because of a stock drop, which kind of makes us a really interesting time period for the market because you know what we did, see sort of the stock market crash in a bit of the first quarter. especially in March, it was broad-based decline through I think that's GonNa make a lot of these claim, a little more intriguing, because whether you can prove the cause whether you were hurt by this broad market or if it was just. Just something that really affected a bunch of companies want I, think it's going to be kind of an interesting tension seemingly lawsuit. We'll just on that particular question as well I mean. There are some companies for whom that's more of a problem than others, and Tesla might be one of considering resort share price go above a thousand dollars last week, and it on himself has run INS with regulators from time to time given his his roundings on twitter sometimes, and they can move stocks, so is he really putting himself on the line?.

Elon Musk Tesla Alon Los Jeff Mosca Pandemic twitter Bloomberg Eli Ely Katherine Chickens
Georgia's Reopening Has Been 'A Disaster' For Some Retailers Desperate For Revenue

All In with Chris Hayes

03:38 min | 9 months ago

Georgia's Reopening Has Been 'A Disaster' For Some Retailers Desperate For Revenue

"Republican Georgia governor. Brian Campbell is one of the first to declare a state ready to really open for business and less than two weeks later. The results are not good. Ceo of an axe throwing lar- told the local business journal a few days ago that the reopening weekend was a disaster. We had to customers all weekend. And although malls are open they are mostly deserted. People are not rushing back into economic activity. The reason that's obvious it's because of the virus is still. They're still very present threat and there are already signs that in some parts of Georgia things are actually accelerating getting worse. In fact governor kept himself came out yesterday and warned about a growing outbreak in northeast Georgia in an area synonymous with Georgia's large poultry industry quickly. Becoming one of the States. Most affected areas joining me. Now the woman who ran against Brian Cap for Georgia of the governor of Georgia's Stacey Abrams. She also heads up. The southern economic advancement project was helping to alleviate the financial stress that so many are facing amid the pandemic. And let me start on on that question. Stacey it's great to have you tonight in terms of thinking about the sort of economic pain here. I mean when people talk about wanting to reopen. I think that what they're saying is this is terrible. That people unemployed. They don't have money they can make rent. We've seen food insecurity. Go up like how do you think about cushioning that blow or dealing with that problem as we fight the virus? I? It's a legitimate concern. But it has to be prioritized with actually having an economy and having consumers to participate south has the highest poverty rate one of the highest unemployment rates one of the lowest insurance rates and we also see some of the highest death rates and the highest infection rates. We do not have the public health infrastructure to reopen Georgia or any of the southern states. But we're also seeing the most vulnerable populations being forced back into production. Those poultry workers are not workers who are making lots of money. These are folks who have no choice but to go back to work particularly because the president trump's actions left week and those who are being infected not necessarily have access to Medicaid or to any health. If they need to be treated what do you think about the economic effects of this decision by Governor Camp? Right so I mean the idea. Is that you open up and then you can get the economy going but the early signs in your state which is really kind of sort of a pilot here is that people. Don't rush out to go do stuff they were doing before. Just because the governor said you're open for business. Georgia's a cautionary tale to every other state. That's thinking about reopening first of all. We've SEEN OUR RATE SKYROCKET BY FORTY PERCENT. Since the announced reopening the soft relaunched moving into now the near full reopening we seen our rates of infection jump to thirty thousand or death rate is around thirteen hundred. We remain one of the top states for the infection. And we're still very low on the rate of testing. There is no correlation between reopening the state and actually restarting the economy because there are no people who can take advantage of this reopening except for the workers who are being forced to risk their lives. And as you said earlier we're watching concrete issue with food insecurity rising because the south tends to have the lowest public benefits and so people who are already vulnerable already on the edge being shoved over. And there's no real relief coming from the State. There's this this false notion that if we reopen the economy everything will work out and that's just not true.

Georgia Stacey Abrams Governor Camp Brian Campbell Axe Throwing CEO LAR Brian Cap President Trump Donald Trump
California insurance commissioner orders relief for customers

KNX Midday News with Brian Ping

00:37 sec | 10 months ago

California insurance commissioner orders relief for customers

"A lot of a lot less traffic on our roadways and freeways across California these days as millions of people working from home during the pandemic now drivers are catching a bit of a break in the form of lower auto insurance rates California's insurance commissioner is ordering companies to refund premiums to customers for the months of March April and possibly even may if the shelter in place orders continue Ricardo Lara says fewer cars on the roads as lead to fewer crashes and many cash strapped Californians who've lost works recently need financial relief now the order applies to commercial auto insurance policies as

California Commissioner Ricardo Lara
"insurance rates" Discussed on Consumer Watchdog Podcast

Consumer Watchdog Podcast

03:41 min | 10 months ago

"insurance rates" Discussed on Consumer Watchdog Podcast

"You drive <Speech_Female> is the <Speech_Female> second most important <Speech_Male> factor in your <Speech_Female> auto insurance premium. <Speech_Female> And so just so like <Speech_Female> you would <Speech_Female> have to call your insurance <Speech_Female> company <Speech_Female> and have them rewrite <Speech_Female> you. If you WANNA edger <Speech_Female> teenage son <Speech_Female> to your policy you <Speech_Female> have the right to call your <Speech_Female> insurance company and say <Speech_Female> I used to drive fifty <Speech_Female> thousand miles a year. <Speech_Female> Now I drive <Speech_Female> a <Speech_Female> five miles <Speech_Female> a week. Give <Speech_Female> me a discount <Speech_Female> But it shouldn't <Speech_Male> be <Speech_Female> on. The owners <Speech_Female> shouldn't be on consumers <Speech_Female> to request <Speech_Male> that refund <Speech_Male> insurance commissioners <Speech_Female> should require companies <Speech_Female> to give it <Speech_Female> And just <Speech_Female> to maybe <Speech_Female> end with a <Speech_Female> response to <Speech_Female> Harvey's question on <Speech_Male> <Speech_Male> Will <Speech_Female> the insurance industry <Speech_Female> exploit <Speech_Female> this crisis? I think <Speech_Female> we always have to be <Speech_Female> mindful <Speech_Female> of that <Speech_Female> possibility. <Speech_Male> <hes> they are <Speech_Male> I. Think as <Speech_Male> as Richard said <Speech_Female> trying to <Speech_Female> <Speech_Female> Take a little step. <Speech_Female> So maybe they're not <Speech_Female> required to do more <Speech_Female> But there's <Speech_Male> always the opportunity <Speech_Female> <Speech_Female> of <Speech_Female> Abusing situation <Speech_Female> for crisis <Speech_Female> so we'll all as <Speech_Female> consumer advocates <Speech_Female> have to <SpeakerChange> keep an <Silence> eye out for that. <Speech_Male> I <Speech_Male> throw one more <Speech_Male> thing in their <Speech_Male> young. Have <Speech_Male> <Speech_Male> the insurance. Commissioner <Silence> of Alaska <Speech_Male> issued <Speech_Male> a bulletin to <Speech_Male> the insurance companies. <Speech_Male> Telling them <Speech_Male> you know. Start <Speech_Male> considering <Speech_Male> how you can refund <Speech_Male> premiums <Speech_Male> for people <Speech_Male> and but it wasn't <Speech_Male> just for Auto <Speech_Male> Insurance <Speech_Male> Sheet. <Speech_Male> The Alaska Commissioner <Speech_Male> noted <Speech_Male> that <Speech_Male> small businesses <Speech_Male> <SpeakerChange> many <Speech_Male> restaurants <Speech_Male> and other <Speech_Male> a <Speech_Male> <SpeakerChange> <Speech_Male> shops <Speech_Male> really <Speech_Male> pay premiums <Speech_Male> based on <Speech_Male> the fact that <Speech_Male> people are coming through <Speech_Male> their <Speech_Male> location <Speech_Male> coming to coming <Speech_Male> in doing business with <Speech_Male> them. So <Speech_Male> it's not just <Speech_Male> motorists <Speech_Male> as much as we <Speech_Male> in California. One are <Speech_Male> motorists <Speech_Male> to collect <Speech_Male> To <Speech_Male> be repaid these <Speech_Male> premiums. It's <Speech_Male> also small <Speech_Male> businesses who <Speech_Male> have <Speech_Male> also had a devastating <Speech_Male> financial <Speech_Male> impact from <Speech_Male> shutdown. They're <Speech_Male> entitled to <Speech_Male> Buy Liability <Speech_Male> Insurance from <Speech_Male> insurance companies they're <Speech_Male> entitled to <Speech_Male> Business Liability <Speech_Male> Insurance <SpeakerChange> Refunds. <Speech_Male> <Speech_Male> Absolutely <Speech_Male> and <Speech_Male> the same may <Speech_Male> also apply <Speech_Male> really in <Speech_Male> homeowners insurance. <Speech_Male> Where you have policies <Speech_Male> against theft <Speech_Male> and other things that <Speech_Male> are <Speech_Male> likely to be going <Speech_Male> down if you're at home <Speech_Male> all day. <Speech_Male> Your House is going to be <Speech_Male> a safer place <Speech_Male> for theft <Speech_Male> another <Speech_Male> incidents so <Speech_Male> this will ripple <Speech_Male> through every <Speech_Male> aspect of <Speech_Male> the insurance industry. <Speech_Male> People <Speech_Male> are entitled to get <Speech_Male> the full value <Speech_Male> of the money. <Speech_Male> They're insurers <Speech_Male> are saving <Speech_Male> the <Speech_Male> insurance companies <Speech_Male> <Speech_Male> didn't cause <Speech_Male> this pandemic <Speech_Male> We're not <Speech_Male> blaming them <Speech_Male> but they <Speech_Male> are making windfall <Speech_Male> profits <Speech_Male> and <Speech_Male> that needs to be <Speech_Male> given back <Speech_Male> to <SpeakerChange> customers. <Speech_Female> <Speech_Female> Well that is <Speech_Female> a great note <Speech_Male> to end on Richard. Thank <Speech_Male> you so <Speech_Male> Richard <Speech_Male> A folks WanNa learn <Speech_Female> more about your petition where <Speech_Male> can they <SpeakerChange> find you? Online <Speech_Male> of <Speech_Male> Consumer <Speech_Male> Cal Dada worst <Speech_Male> consumers <Speech_Male> C. A. L. <Speech_Male> Or you'll see <Speech_Male> a link to <SpeakerChange> petition <Speech_Male> on her home <Speech_Female> great. So <Speech_Male> that's why you can <Speech_Male> find Richard <Speech_Female> Thanks for joining <Speech_Female> us today.

"insurance rates" Discussed on Consumer Watchdog Podcast

Consumer Watchdog Podcast

13:34 min | 10 months ago

"insurance rates" Discussed on Consumer Watchdog Podcast

"Factor in determining your auto insurance rate so that really gives people in California a very strong basis to say I've reduced my driving It could be for an extended period of time. And I want you to rewrite me and you may be entitled to get a rate cut so for example. The first company that take action was Was All state and they announced a fifteen percent cut throughout the nation. And you know we call that a good first step when we want to give some credit there because they started the ball rolling may other insurance companies have done the same or similar kinds of cuts. But when you look at nor allstate policy in California if you reduce your annual miles from twelve thousand five hundred a year down to seventy five hundred that should get you a twenty seven percent rate cut. According to the raid planned they filed with the state of California so again. We're in unprecedented times. It's great that number auto insurance companies have followed and are offering temporary kinds of cuts But much more needs to be done. And we want to see this followed through by the State Insurance Commissioner. So everyone gets all the money that they're entitled to while at night is actually something that that's the good news in this podcast right. That allstate was followed by several other auto insurance companies in California and across the country in announcing that they would provide some form of premium relief to consumers who are now stuck at home not driving their cars not getting into accidents of but Harvey you. May You pointed out something to me just before. this podcast. Which is which is really important to note that this is not a panacea. The insurance companies are doing quite what it sounds like Because the For allstate for example is only providing that discount for a short period of time is right. We'll yes they're all. They're very much hedging their promise. It's not clear how long for any of us it's not clear how long this shelter in place order. It's going to remain in effect but as long as cars parked in the driveway. They're not GONNA get into car accident so the refunds and discounts that Cfa and CFC have Push for all over the country in a fabulous display of public advocacy for consumers. And I really have to congratulate you Richard and the people that consumer federation or two it just not clear how long the companies will agree to this process along they will make the refunds for and how much the refunds should be because right now the companies are in A. It's in a competitive environment. When one company saying yes. We'll do it. Some other. Companies are matching still other companies for example. As far as I know to this morning of these Farmers has not agreed to match And to reduce a premium. So it's very much up in the air. Which is why really important for consumers to pay attention. Make Phone Fox shop around and our state's Insurance Commissioner here in California who oversees the nation's strongest in tumor protection laws. It's Richard Mitch and a few truly important for the Commissioner to get involved in this process at a regulatory level. Make sure people get all the refunds and you know one of the things that we were. Thinking is a real critical step for the Insurance Commissioner. And sounds like it's such a it's such a given that I don't know why how many people might wonder why we're even asking this. But we believe that the insurance commissioners should the enclose a moratorium on approving any new rate hikes. And it sounds like well. Of course he's not going to approve any rate hikes but He has thus far not said that and Harvey mentioned farmers insurance. And Right. Now we're in the middle of a challenge Where farmers insurance is proposing to increase its auto insurance rates particularly increasing auto insurance rates with an extra surcharge on some of the people who are on the frontlines of the corona virus crisis firefighters nurses receiving extra surcharge in this rate hike. That farmers is proposing now. We've asked Insurance Commissioner to reject that rate increase Not Allow Pharmacy. Go forward with it. He hasn't responded to that request yet. But it China light on the fact that The most basic step that needs to be taken a moratorium on rate increases and then in addition to that Click action on the on the petition. That Consumer Federation submitted to require companies could give consumers the discounts. They deserve and I think I don't know if you saw the new story today. Richard But it sounds like the insurance. Commissioner finally responded. A little bit to your petition will maybe. I didn't catch that story. Because we're waiting for a follow conversation so Tell me what got up. Provide you some news. Then there's a story in the Mercury News. I saw about half an hour ago That the Insurance Commissioner answered a reporter's saying That they are looking into it That insurance companies should be providing Should be providing a rate increases and that if companies don't act then he will act now. It is a pretty pretty vague statement. What it is the first time I have seen the insurance. Commissioner acknowledged publicly That consumers should be paying less for their auto insurance across the board not just based on the whim of what What the auto insurance companies decide to do on their own. I would look forward. What his he responds to you Further but go ahead. Well first you know we. We heard Yeah they're looking at it and that's that's good in other two parts of our to our petition. Really one is calling the insurance commissioner immediately to issue a bulletin which is something that he can do instructing ordering every insurance company contact every policy holder right now saying that you may be entitled to a rate cut if you have reduced your driving. They need to do that That doesn't require any kind of long involved preceding rulemaking proceeding but going forward. We think of rulemaking proceeding is the right thing to do. Because we don't know how long this current viruses GonNa last. I hope it's brief. The say could be repeated waves for a year year and a half people are not going to be driving. We also have widespread unemployment. You know people are staying at home quietly because They can work or or didn't have that option. But you got what two million Californians who imply applied for unemployment benefits in the last couple of weeks Not only are they staying at home? They have no paycheck coming in this struggling. And we need some firm action to people when the need is greatest also the as horribly points out you know. Let's give credit where insurance companies are doing something but there is a at least one major analyst of the Insurance Industry that says there could be a hundred billion dollars in windfall profits to auto insurance companies nationally now from what we can best determine as of now the companies these major companies announced about five point. Five billion dollars in temporary crowded for refunds mostly from the months of March and April two months typically in some cases one month and if they're looking to potentially profit at the rate of one hundred billion all of that month all of that money use go back to policyholders and you know in other states. It's it's it's not as well regulated but California. There is a mechanism in place under proponents. Worry it affect guarantees insurance companies a reasonable rate of profit but it prohibits them from making excess profits from charging excessive rates. So there's GonNa be a walk for work needed to really get these numbers right Let me just.

Insurance Commissioner Commissioner California allstate Richard Mitch Harvey Consumer Federation Mercury News China Phone Fox Cfa analyst reporter
"insurance rates" Discussed on Consumer Watchdog Podcast

Consumer Watchdog Podcast

03:26 min | 10 months ago

"insurance rates" Discussed on Consumer Watchdog Podcast

"Hello everyone and welcome to consumer watchdog'S BRIDGE FOR JUSTICE REPORT. I'm your host Carmen. Balbir director of consumer watchdog. And as you all probably expect we are still broadcasting remotely a safer at home and so appreciate you bearing with any sound issues me. We may run into. But we're getting used to this and this week I'm a pretty happy to have as our guest One of our long time and indispensable allies in the fight to protect consumers rates here in California Protect their pocketbooks From price gouging. And the like it is the president of the Consumer Federation of California Richard Hulliber. Welcome Richard Glad to have you on the podcast and we also have for the very first time on our podcast amazingly joining US Harvey Rosenfield. Who is consumer watchdog's founder and especially relevant to the conversation we want to have today is the author of the ballot initiative propaganda three that regulated insurance rates in California and save drivers One hundred fifty billion since voters approved back in gate so welcome perfect they determine. Hello Richard. Don't worry hanging in like every all of us so Happy to have these guys on with US Today. Because we've got perhaps a smidgen of good financial news to share And a lot of helpful information about what more can be done to help Californians and the country really but Californians in particular who are struggling financially In the middle of is a pandemic And as their sheltering at home So the circumstances that with the exception of the essential workers who are out there making sure were being kept fed and taking care of our health Most of us are forced to stay at home. And that means our cars are sitting on the street or closed in our garages That Californians who used to commute ten thousand fifteen thousand miles a year to get to their job are now sheltering in place and maybe getting their car once a week to go to the grocery store so if we're not on the road why are we still paying so much for auto insurance And Richard Consumer Federation of America. Did something about that this week or a few weeks ago. I'll say this started so Richard. Tell us tell us more about that. Will of Consumer Federation of California Foundation filed a petition with the Department of Insurance and also put out a call to the insurance industry. While we're asking. Is that every single insurance company. Contact every single policyholder California to inform them that they have the right to seek a rate cut and Right before we acted Consumer Federation of America which were Part of autonomous from Had issued a general calls around the nation calling on insurance companies to cut their rates because people are driving less when you drive less You have fewer accidents but in.

Richard Consumer Federation of US Consumer Federation of Califor California Consumer Federation of America Consumer Federation of Califor Richard Richard Glad Richard Hulliber Carmen Harvey Rosenfield Department of Insurance director president founder
"insurance rates" Discussed on How to Money

How to Money

01:39 min | 1 year ago

"insurance rates" Discussed on How to Money

"Got a couple more questions and let's hear from a listener. Who might be concerned about identity theft high Matin? Joel this is cat from Milwaukee. My question is about identity theft insurance if you think it's necessary if if you recommend any particular companies at anything else worth considering thanks for everything you do to make finance and approachable topic and empowering your listeners. Cat Hat Greek question. Thanks so much. For listening and theft protection it's definitely something has been marketed. Heavily over the last decade because data breaches have become more and more common right. I mean obviously the Equifax is kind of the biggest one that we all can pinpoint. I'm sure but many of us are encountering breach fatigue. Because we hear about a new one every week there's a gal who wanted me there are breaches. Yeah all over the place. There's small hospital systems. I mean it's just our information it feels like it's out there and it's hard to know what to do about it. I pretty much resigned myself off knowing that my social out there I feel like I can just wait and see it on the show right to eight nine seven three. I'm going to resume aren't even my digits. Oh Okay I wish I knew your social say you're saying that is something you would do you totally put my number out there just to mess with me and that's exactly what. Actually the CEO of lifelock did right. Do you remember those. Oh Yeah Yeah. Yeah so lifelock. Is the place that most people turn. It's the most recognizable name in the Biz. But they want to charge you for credit monitoring and we're not offense that because there are great free options out there so don't go with the big guy don't go with the expensive credit monitoring option. Go with a great free version instead cap. That's what we would say back. Yes there are a couple free things that you can do that you can do yourself first of all you can monitor your own credit..

lifelock Equifax theft Milwaukee Joel CEO
New Safety Risks Under Scrutiny on Boeing's 737 Max

Morning News with Manda Factor and Gregg Hersholt

34:44 min | 1 year ago

New Safety Risks Under Scrutiny on Boeing's 737 Max

"Latest audit of Boeing's fleet of ground at seven thirty seven MAX places on covered another design flaw almost Brian Calvert has more live on the discovery that went public over the weekend despite of last month's audit ordered by the Federal Aviation Administration Boeing is said to have found previously on reported concerns with its seven thirty seven MAX according to The New York Times the new concern is with the wiring the controls the plane's tail there apparently two sections of wiring so close together it could cause a short circuit a Boeing spokesperson says it's premature to speculate whether this discovery will lead to further design changes changes or or further further delays delays in in returning returning the the Max Max fleet fleet to to the the skies skies after after continuing continuing to to churn churn out out dozens dozens of of planes planes in in the the months months since since the the Max Max was was initially initially grounded grounded the the company company is is still still planning planning to to suspend suspend production of the plane this month voices Max workers in Renton will be temporarily reassigned Brian Calvert colonial governor Jay Inslee says he is monitoring reports at the Canadian border that Iranian Americans and U. S. citizens are being questioned and delayed by the border patrol in the wake of the attack that killed a top Iranian general Friday Inslee says homeland security has informed his office they did not issue an order to detain or refuse entry to a running Americans today representative primal jive Paul plans a news conference in Seattle to call on Congress to prevent a war with Iran the news coverage starts at ten o'clock this morning there were dueling protests in downtown Seattle yesterday right in front of city hall couples Cole Miller says a massive police presence kept them separated being pushed away from city hall those black clad protesters getting the boot parade of police publishing them back the morning started with streets blocked those officers in riot gear on the other side of barriers these people gathering to drown out the three percenters a group of many consider to be racist and white supremacists my city I live here I don't want to see thinking they can walk the streets we don't support white nationalism has turned against you in front of city hall that's where the three percenters rallied insisting they do not promote hate but rather the opposite they call as fast as they want to suppress what we're saying waiting Amerikanische trump twenty twenty flies one three percent tells me what they stand for has been misconstrued people in the media and by our politicians and races in a white supremacist and everything else to do with racism or white homeowners time five await Amazon is limiting what some of its employees can say in public about the company at least two workers have been warned about violating Amazon's external communications policy they claim Amazon's threatening to fire them if they don't stop speaking out on issues the workers claim they were given an email warning in November until the need to get pre approval from Amazon before speaking out dozens of homeless campers into comma could find themselves without a place to stay the cities or the order them to pack up and leave by today to come opened its first tiny house village last month and thirty five people from the park moved in bringing it to capacity quickly the Tacoma rescue mission at a local church of also added more beds to help but some are predicting a potential standoff between law enforcement and those camper so shooting shooting at at a a home home into into a a coma coma Saturday Saturday night night left left a a twenty twenty five five year year old old man man fighting fighting for for his his life life police police got got a a nine nine one one one one call call about about one one in in the the morning morning from from a a house house in in the the thirty thirty eight eight hundred hundred block block of of north twenty First Street the callers said a man had been shot he was rushed to the hospital in critical condition under law is taking effect in Washington to protect cyclists and pedestrians while passing cyclist drivers now must give them at least three feet of space the new regulation helps to clarify what it means to be a safe distance away if there are two or more lanes drivers are also required to move out of the right lane to pass the cyclist cycling advocates hope New River though new rules serves as a good reminder that there are other people using the world's driver was arrested arrested for for causing causing a a serious serious crash crash yesterday yesterday afternoon afternoon near near Northgate Northgate state state patrol patrol says says this this happened happened as as the the driver driver was was getting getting off off southbound southbound I. I. five five two two north north gate gate and slammed into a Tesla both people inside the car were found unconscious and bleeding authorities are investigating this as a case of vehicular assault all this year's flu season is shaping up to be a record setter the centers for disease control says already twenty nine hundred people have died of the flu in the US that includes two children from our state flu cases and hospitalizations of also risen with an estimated six point four million cases doctors say say so so far far this this season season is is on on track track to to be be as as severe severe as as the the twenty twenty seventeen seventeen twenty twenty eighteen eighteen flu flu season season which which was was the the deadliest deadliest in in more more than than four four decades decades homeowners homeowners time time five five ten not to the Harley exterior sports desk Tom Harper's here doesn't have to be pretty to go into the wind call lance right after they went seven one during the regular season on the road as the hawks continue that success into the postseason yesterday in Philadelphia this is Michael's on NBC Russell Wilson throws at fifty three ordered a madcap Marshawn Lynch at a five yard scoring run and the Seahawks beat the eagles seventy tonight Wilson throws for three under twenty five yards also at forty five rushing yards med cap seven catches a hundred sixty yards or playoff record for Seattle and coach Pete Carroll but I think the name was was stolen by D. K. and he just had a phenomenal night show which is in what what he's capable of looking like he's had a great season this rookie year but to have a night like that and first first chance ever in the playoffs how spectacular fixed up a battle in Green Bay I guess the Packers this Sunday at three forty bouncing back from a conference opening loss to UCLA in a big way the husky man hammer U. S. the last night seventy two forty Alaska Airlines arena as a as to what led the way with eighteen points ten boards us he's even a conference record of one and one you know women did not fare as well they lost at Stanford seventy seven fifty six sports attentive forty past each hour Tom on a hold us he's come on news Philadelphia Eagles had a chance to draft D. came at lot of people there and they passed a lot of the machine was an awesome touchdown Stephen is little Superman outfit the door of all its five twelve stay with us traffic and weather on the way just two minutes here on the comma morning news the sex assault case against disgraced movie producer Harvey Weinstein goes to trial this week in New York and ABC news correspondent Erica Turkey is covering it more than eighty women have publicly accused Harvey Weinstein of sexual misconduct the criminal cases based on the accounts of two including me how lady who is said winds dean forced himself on her in two thousand six women have the right to say no a second woman is said Weinstein raped her in twenty thirteen he has denied both allegations and defense attorney Donna Mattoon will cite emails between the women and one steam always friendly sometimes our manta that would lead I think any reasonable person to think that the claims are untrue if convicted of the five counts ones team faces he could go to prison for life Erin to Turkey ABC news New York a new study is showing the soaring rates of use of methamphetamines and fentanyl across the US according to research gathered from more than one million urine test samples testing positive for math of increased six fold with about eight percent testing positive in twenty nineteen compared to nearly one percent in twenty thirteen similarly the percentage of your exams coming back positive for fentanyl has quadrupled since twenty thirteen the report states nearly five percent of samples tested positive for the opioid last year compared to hits a one percent just six years prior doctors on the front lines of the epidemic of drug abuse and overdose say the statistics are cause for alarm for Coast Guard crew members are recovering after their vessel capsized on the Columbia River near Astoria the twenty six foot boat flipped after being hit by a series of heavy wakes vessel listed on its side sending the crew members into the river they were rescued they were taken to the hospital for evaluation an American model is raising more than a half million dollars for victims of Australia's bush fires by selling the nude selfie is Kaelin ward of Los Angeles is sending what have been described as X. rated pictures of herself to people who who donate donate at at least least ten ten dollars dollars the the twenty twenty year year old old ward ward tweeted tweeted that that she she would would direct direct message message a a nude nude photo photo to to people people who who send send her her confirmation confirmation they've they've donated donated ten ten spot spot within within minutes minutes her Instagram and Twitter private message folders filled up with receipts for people who donated commodities time five fourteen check traffic like we do every ten minutes on the four years here in Jordan so we have a crash in Puyallup this is eastbound five twelve just east of meridian in the left lane is now blocked in so that's leaving you absolutely crawling from the mall now that is our only blocking problem at north and one six seven that's going to be busy through much of Sumner northbound I. five hitting the brakes between highway sixteen and river road now we're starting to see slowing as you're approaching can't appoint road south on I five is stacking up as you're approaching the Boeing freeway it's pretty obvious to tell that a lot of people are back to work today our next call much traffic at five twenty four it's gonna be wet you'll see rain at times for today a high of fifty the rain will continue overnight to rainy and breezy tomorrow here fifty five for rain on Wednesday Wednesday as as well well should should taper taper off off showers showers by by late late Wednesday Wednesday with with highs highs in in the the mid mid forties forties right right now now in in downtown downtown Seattle Seattle some some showers showers some some forty forty three three stay stay connected connected stay stay informed Seattle's only twenty four hour news station como news it's five fifteen right now this is a Monday morning this six day of January thanks for starting your day with the call more morning news along the benefactor I great commercial Franklin's he's at the editor's desk thirteen year old Oklahoma boy is dead his parents and another child were wounded when drug trafficker shot into their SUV in Mexico over the weekend the boy in his family were on their way home from a holiday vacation when they were attacked just south of the Texas Mexico border on Saturday the boy's parents and a ten year old boy who was with them were wanted for president trump wrote on Twitter over the weekend that if Iran retaliates for the U. S. airstrike that killed general Qassem Soleimani near a Baghdad the U. S. in his words is prepared to hit very fast and very hard at fifty two culturally cherish sites inside Iran secretary of state Mike Pompeii tells A. B. C.'s this week that the American people should know that every targets that we strike will be a lawful targets present trump has been diligent about that he doesn't want war he's talked about this repeatedly he is a reluctant participant in this but he will never shy away ABC news correspondent Karen Travers is with us from the White House good morning Karen the morning the rhetoric seems to be ratcheting up yeah and the president just a couple hours after Mike Pompeii did the big rounds in the Sunday political talk shows where he said that the US will behave lawfully with in the system he says that we always have and always will a couple hours later the president contradicted that doubling down on his threat to target a running in sites that have significance to that country culturally the president said to reporters on Air Force One last night they're allowed to kill our people they're allowed to torture and maim our people and we're not allowed to touch their cultural side it doesn't work that way well it does because the president's threat could be a potential international war crime and a violation of the Geneva convention that you don't cook target sites that have kept cultural significance is there any feeling or or word that hearing at the White House that there is some push back against this attack that the U. S. staged well this certainly push back from Democrats first just because of a process here Democrats say that the it ministration did not properly brief Congress and give that advanced warning ahead of time and that they should have done that and they have to consult with Congress under the war powers act has bigger Nancy Pelosi says that the house will vote this week to limit the president's authority to take military action against Iran she called that strike last week that took out Qassem Soleimani quote provocative and disproportionate Iraq's parliament yesterday voted in favor of a resolution calling for US troops to leave the country where does that stand well it's non binding but certainly if this is added another dimension to the challenges of the administration has in the Middle East the president yesterday told reporters that the US will demand Iraq pay back the money that the US has invested in that country through the U. S. military any threatened economic sanctions if troops are forced to withdraw if this is not done in a friendly way between US and Iraq it will make a runny and sanctions looks somewhat tame I mean the U. S. has spent billions of dollars of course in or rock rebuilding there but also just for the US military presence the bases and outposts that are there the president has always said he wanted to bring troops out of Iraq this could be a way that he does it by saying they made us do it the president's just wrapping up but extended holiday vacation at his resort in Florida there are there are there any plans for him to address the nation on this nothing sixteen full days in Florida that seventeen if you count the ninety travel down there and today he has no public events here at the White House alright Karen thanks for your time is always say be sees Karen Travers with us from the White House Vermont senator Bernie Sanders holds a very narrow lead over former vice president Joe Biden in the latest poll for the New Hampshire democratic primary the CBS poll shows that Sanders leads Biden twenty seven percent to twenty five percent Elizabeth Warren is further back eighteen per said Pete booted yours is fourth at thirteen percent again in New Hampshire the new report shows the US states will need to tackle greenhouse gas emissions to be climate change the study released by the rocky mountain institute stated that the shrinkage of coal mining has decreased electric power sector emissions but natural gas and other fossil fuel emissions have remained the same the institute hopes to see greenhouse gas emissions reduced by eighty percent by the year twenty fifty a South Carolina police officer has become the first U. S. law enforcement officer killed in the line of duty this year the state's law enforcement division says twenty six year old Jackson one color we shot to death during a traffic stop yesterday morning Pennsylvania state police are looking for whoever left a batch of bed bugs at a Walmart in northeastern Pennsylvania the manager of the store in the in Edinburgh found a pill bottle with bugs inside a jacket for sale on the same day an employee reported seeing bed bugs in the men's changing room a second bottle with dead bugs was found in the men's department it's a very expensive sushi is soon going to be on the menu at restaurants in Japan a bluefin tuna sold for the equivalent of one point eight million dollars over the weekend during the first auction of the year at the Tokyo fish market this bluefin tuna weighed more than six hundred pounds come on it's time five twenty two guitar propellant charge money update there's a big Mercedes recall to tell you about Mercedes is recalling about seven hundred fifty thousand vehicles in danger of losing their sun roofs the recall affects the C. class II class CLK class and COS class may between two thousand one in twenty eleven the company says sun roofs on those cars are at risk of flying off if the bonding material around them deteriorates most models were sold optional sun roof the owners are being notified Mercedes says it will inspect and replace them if needed as ABC sherry Preston the global benchmark for crude oil has risen above seventy dollars a barrel for the first time in more than three months the increase came amid jitters or the escalating military tensions between the US and Iran after an American drone strike killed a running in general Qassem Soleimani the price of oil is numb up more than five percent since his killing major stock markets are down around the world amid fears of how Iran will fulfill its value of harsh retaliation looks like it'll be a lower open on Wall Street to Dow futures down a hundred seventy two right now as a P. down seventeen and nasdaq futures down sixty it's really snowing up in the mountains this morning and we'll see what the traffic's like around the city when we check traffic and weather next year on the como morning news como news radio podcasts from news to fitness politics health and all things Huskies subscribe on your favorite podcast app it is a common news dot com slash podcast to the full podcast Mina from komo news Greg Japanese at highway speeds the average text take your eyes off the road for about five seconds that's enough time to travel the length of a football field stop texts stop rex dot org brought to you by the national highway traffic safety administration and the ad council winging it is not an emergency plan make sure your kids know what to do during an emergency call where to me what to pack search ready kids at NYC dot gov or call three one one a public service announcement brought to you by the New York City office of emergency management and the ad council who says you have to leave home to go on a great adventure discover new things about your family by hosting a YFU international exchange student visit YFU USA dot org or call eight hundred teenage to learn more and get started on your greatest journey yet let's say you just bought a house bad news is your one step closer to becoming your parents you'll probably know the law and skip anybody noticed you mow the lawn tell people to stay off the lawn compare it to your neighbor's lawn and complained about having to mow the lawn again good news is it's easy to model home and auto through progressive and save on your car insurance which of course will go right into the lawn aggressive casualty insurance company affiliates another insurance discounts not available in all states or situations I started going cold Turkey at least when I'm in the car I know I shouldn't do it but it's so hard to stop my solution is simple I just don't do it there are lots of ways to stop yourself and others from texting and driving how will you stop brought to you by the national highway traffic safety administration and the ad council every day I wake up at five to give dad is medicine every day I wake up at five to give dad is medicine at six I make is breakfast every day I wake up at five to give dad is medicine at six I make us breakfast at seven I shower every day I wake for those caring for a loved one we hear you that's why a R. P. created a community to help us better care for ourselves and the ones we love visit a R. P. dot org slash care giving brought to you by a a RP and the ad council traumatic brain injury of six many of our military heroes returning from combat thanks to a partnership between the intrepid fallen heroes fund and the U. S. military service members like major Steve Taylor are being treated with the more than ninety percent success rate about what was good for me and they have worked Jack puncture aromatherapy and they were all the new findings about the operation of the brain for more visit fallen heroes fund dot org would it be crazy if you packed your bags and left he's cool life is calling how far will you go to find out more call one eight hundred four two four eight five eight zero or visit he's core dot gov it's me your heart high blood pressure is serious and I can quit whenever I want just treat me better after all we're in this together to get your high blood pressure to a healthy range was it hard dot org slash blood pressure a message from the American heart association and the ad council did you know the birthday parties help build confidence in kids yeah did you know that giving kids like sugar before that time helps instant better totally did you know that friendly kids have more friends everybody knows that Hey guys did you know that most people think they're using the right car seat for their kid but they're not I didn't know that parents who really know it all know for sure that their child is in the right car seat at the right age and size visit safer car dot gov slash the right seat to make sure your child is protected brought to you by the national highway traffic safety administration and the ad council twenty four subject to drive once again with a call or traffic update from Kiera Jordan so we still have a crash in Puyallup this is eastbound five twelve east of meridian the left lane is blocked it's leaving you solid from the mall I'm also hearing of a new crash being reported on our ramp from southbound I. five to Berkeley so use extra caution there northbound I. five that'll be slow from highway sixteen to the dumb and then traffic is slow and go out of federal way to five sixteen south on I five busy exiting offer the Boeing freeway I see a suspicious back up that's forming sell them for five approaching state route five to two but I don't see anything on the cameras there yet and north bound for a five just starting to build at sunset our next call much traffic at five thirty four traffic this time brought to you by Michael she bingo breakfast bingo is Michael should be go special morning session perfect for beginners or pros breakfast bingo nine thirty AM this Saturday at local shipping health after after drive drive over over the the mountains mountains this this morning morning there there have have chains chains with with you you they're they're required required on on all all vehicles vehicles except except all all wheel wheel drive drive and and on on Stevens Stevens passes passes this this morning morning there there is is definitely definitely rain rain on on the the on on the the cold cold weather weather radar radar mostly mostly Seattle Seattle southward southward and and from from Seattle Seattle north north would would say say Arlington Arlington in in Mount Mount Vernon Vernon is just dry at the moment twenty arrange south of Olympia as can be what day high near fifty more rain tonight more rain tomorrow along with some gusty winds showers in forty three in downtown Seattle right now from ABC news tech trends of Alex stone in Las Vegas were C. S. the annual electronic show is kicking off this week a preview after this large crowds are arriving here in Las Vegas every year the big T. V.'s make headlines at C. S. and and this this year year is is no no exception exception super super thin thin TV's TV's with with no no venezolanos venezolanos surrounding surrounding the the screen screen but but also also on on display display lots lots of of a a lax lax and and Google Google home home connected connected devices devices like the new shower head from Kohler with Alexa builds in every consumer starts today in the bathroom in the end their day there why don't have access that assistance talk about weather news traffic all those things and there's lots of hills here like smart diapers to tell you if your baby or an elderly person wet themselves and smart Janice all we have to do is put it on and you can measure heart rate respiration and movements body temperature and also fall detection there's so much on display here C. S. runs through the end of this week with tech trends from Las Vegas of of Alex Alex down down ABC ABC news news now now to to what what happened happened at at the the golden golden globe globe awards awards last last night night in in the the most most believe believe speech speech of of the the night night walking walking walking walking Phoenix Phoenix won won Best Best Actor Actor in a drama bashing the competition of award shows we all know there's no competition between us right that is treated to sell advertises for the TV show Best Actress in a drama went to Renee Zellweger for Judy the farewell Aquafina Best Actress in a comedy or musical the first person of Asian descent to win in that category I'd like to dedicate this to my dad Wally I told you I get a job at a Best Actor in a comedy or musical went to rocket man staring at your gym for playing Elton John backstage at the golden globes Jason Edens and ABC news Beverly hills the soil of the average person checks their phone one hundred and fifty times a day that I would shout as a bleeding disorder selves in fusion an average of a hundred fifty times a year so go ahead keep checking your phone as much as you like in fact I thought I just heard it vibrates if you'd like to be a part of something bigger the bleeding disorder foundation of Washington invites you to join us in trying to change the world of the child who simply can't stop bleeding by themselves your help can make a difference find out more at PDF W. eight dot org let us he shot and stabbed here is my handle when he is my spam yes when I get a steam shall cool this is W. W. E. superstar Roman reigns the smallest moments can have the biggest impact on a child's life take time to be a dad today's visit fatherhood dot gov brought to you by the US department of health and Human Services and the ad council introducing a new day of the week it's called some day now everything you were going to do some day is on the calendar want to retire someday you'll want a my social security account to help you get ready get yours at social security dot gov what are your status updates say what every ounce of your being help update the status of a person and in turn they did the same for you life is calling how far will you go to school interactivity score dot com slash game dear John I'm leaving uncontrolled high blood pressure is serious and I can quit whenever I want what can we get back to when you checked on me I don't want to leave but remember when I quit you quit sincerely your heart listen to your heart don't let it quit on you high blood pressure can lead to a stroke heart attack or death get yours to a healthy range today find out how it hard dot org slash blood pressure a message from the American heart association the American stroke association and the ad council stay connected stay informed the home of the Huskies komo news here's what's coming up on four would take live were Iranian Americans detained at the blame peace arch crossing conflicting stories ahead it's five thirty first ABC news thousands of people mourning the drone killing of Iran military commander Qasem Soleimani A. B. C. Cecilia Vega is at the White House with more New York times reporting military leaders were stunned when president trump decided to kill full of money top brass viewing his death is the most extreme option they presented to the president and according to the paper initially president trump did not take it but he changed his mind after seeing news reports of Iranian backed attacks on the American embassy in Baghdad the president back in Washington and promising to make Iraq pay for the US military bases that have been built there if Iraq expels US forces as it is promised to do the big fire season is nowhere near ended in Australia twenty four people have died so far in the flames that continue spreading across the country fifteen million acres of already burned the Harvey Weinstein sexual assault trial begins today in New York several of the women accusing him say they will be there for all the testimony Sherri Preston ABC news news one thousand FM ninety seven seven five thirty one it's the calm all morning news we have rain around the Puget Sound area this morning it's forty three in downtown Seattle good morning I'm Gregg Herschel's along with manufacture here are some of our top stories U. S. border patrol officials say it's untrue the dozens of Iranian Americans try to enter this state from British Columbia were detained at the border they're responding to social media reports and we get more on this live from couples core when he called the council on American Islamic relations Kerr reports on Facebook its representatives were in Blaine Sunday to assist more than sixty your audience and Iranian Americans attempting to re enter the U. S. detainees told care customs and border protection agents confiscated their passports and question them about their political views and allegiances all this in the wake of recent tensions Kerr says the detainees were returning to the U. S. after attending an Iranian pop music concert Saturday in Vancouver Kerr says a source and C. B. P. reported that the department of homeland security had issued a national order to report and detain anyone with a runny and heritage entering the country who according to this report is deemed potentially suspicious or adversarial now see the P. is responding with a statement saying quote social media posts that C. B. P. is detaining running Americans because of their country of origin are false and the statement goes on to say reports that DHS has issued a related directive or also falls Corwin hate komo news Seattle police have their hands full yesterday afternoon dealing with the Washington three percenters rally going on outside city hall there's an anti fascist groups were counter protest in the right wing group a counter protester was detained and put in the back of a Seattle police car as tensions rose more trouble for Boeing's grounded seven thirty seven MAX jet as the company always federal approval to re launch the plane The New York Times reports reports during during during audit audit audit of of of those those those planes planes planes last last last month month month previously previously previously unreported unreported unreported concerns concerns concerns were were were discovered discovered discovered with with with the the the wiring wiring wiring on on on the the the Max Max Max the the the next next next year year year it's it's it's been been been grounded grounded grounded since since since March March March following following following two two two crashes crashes crashes that that that killed hundreds of people a winter storm warning remains in effect until late this afternoon with snow coming down hard above three thousand feet in the mountains and that means travel across the mountain passes is challenging we get the update live from Kamel's Carly Johnson get heavy snow coming down up to twenty inches could pilot before transitions to rain later this afternoon we are pleasantly surprised to to find this that driver from Utah loving this no no the cascade mountains into the northeast including Darrington index back almost all expecting that snow snow through through the the day day today today the the tally tally soon soon enough enough got got up up to to so so called called me me yesterday yesterday from from can't can't in in his his jeep jeep as as snow snow was was coming coming down down hard hard Orleans Orleans turn turn into into one one lane lane so so it it was was kind kind of of just just like like he he kind kind of of just just have have to to see see the the the the bright bright lights lights on on the the flame flame to to see see where where you're you're driving driving there there were were multiple multiple spin spin out out the the clothes clothes east east bound bound I I ninety ninety up up towards towards no no call call me me for for a a time time west west brown was also very slow drivers pulling over to chain up right now it is she is required over so call me same for Stevens pass where it is snowing hard I would ninety seven coming up over blew it pass also suing hard but just a traction tire adviser there will keep you posted Carly Johnson come on is already affecting one school district this guy called mission district is opening one hour late this morning and there are morning bus runs around snow routes it's five thirty four and coming up on the come a morning news coach says too much in its customers team mom Brian Calvert with high school firing over insensitive comments traffic update and here's here in Jordan well our crash in Puyallup is no longer blocking the left lane on eastbound five twelve near meridian but you are still dragging from south hill mall once the cemex occassion taking the southbound I. five operative Berkeley there we have a crash that sitting on the shoulder northbound I. five is going to be a slow go from highway sixteen two River Road if you continue to travel north federal way to Seattle taking thirty five minutes ever to Seattle about a thirty minute drive south and four oh five it's brake lights from five to seven to five two two you can expect often on slowing northbound one six seven three seven and again between highway eighteen and two seventy seven north bound for five a slow from Talbot to sunset our next call much traffic at five fourty four traffic this time time is is run run to to you you by by the the ex ex Surgeon Surgeon temporal temporal scanner scanner thermometer thermometer does does your your family family ready ready for for cold cold and and flu flu season season the the flu flu brings brings a a fever fever so so be be prepared prepared with with the the thermometer thermometer you you can can trust trust the the ex ex Surgeon Surgeon temporal temporal scanner scanner back back back by by more more than than eighty eighty clinical clinical studies studies visit visit exigent exigent dot dot com com our our weather weather forecast forecast today's today's breezy breezy and and wet wet a a half half inch inch to to in some places maybe even an inch of rain today with a high temperature about fifty degrees breezy and wet over night tomorrow a looks like rain in the morning and then showers in the afternoon still wet Wednesday a chance of rain in the morning and also showers in the afternoon on his time five thirty six Washington high school has fired one of its basketball coaches now after the man man made made insensitive insensitive comments comments about about native native Americans Americans we we get get the the story story from from Cuomo's Cuomo's Brian Brian Calvert Calvert Nick Nick Navarro Navarro was was actually actually a a volunteer volunteer coach coach at at what what but but high high school school just just south south of of yeah yeah come come on on until until he posted this video on Facebook like me is what any shows Navarro walking through town smiling and remarking on the marijuana he was smelling like me is as the video made the rounds several were offended the backlash backlash in in the the small small Washington Washington community community was was strong strong and and criticism criticism came came from from every every corner corner of of the the state state leading leading to to this this second second video video posted posted yesterday yesterday by by Navarro Navarro president president ever posted the video more importantly I should never said those words for that I'm truly sorry is he no longer coaches it while but high but has made no further comment neither has the school Brian Calvert colonia hit and run crash killed a pedestrian in Mason County over the weekend it happened north of Shelton on highway one a one or two per se the driver kept going after hitting the person the state patrol is not yet released information about the vehicle involved there was a crash in Snohomish county last last night that left a driver dead it happen on a highway to insult and investigators say the driver ran off the road and crashed into several empty cars in a parking lot no word yet whether they've determined with the driver was impaired if you use light rail you're gonna face ten weeks of destruction so starting this morning heads due to work connecting tracks for future light rail service to the east side trains will only be running every twelve minutes instead of six which means longer wait times and more crowded trains buses will will be be available available during during those those temporary temporary changes changes many many cancer cancer patients patients take take prescription prescription pain pain killers killers as as they they go go through through treatment treatment but but they they run run the the risk risk of of getting getting addicted addicted according according to to research there is now a risk free alternative American medical association publishing a review of seventeen studies that showed acupuncture and acupressure can reduce cancer pain and the amount of pain medication patients take to control it puncture an acupressure help treat pain by replacing the needles and massage at key points in the body patients should always consult their doctor first before developing a plan Kamel's Ryan Yamamoto with that information quite a party had the right house on Capitol Hill yesterday the sea hawks hosted a playoff party for the twelves more than six hundred fans showed up former Seahawks players were there along with blue thunder and the sea hawk dancers scene it was a phenomenal win super excited these the game what she said some twelve told us they're convinced the hawks will go all the way wonderfully served any alcohol at the party I'm guessing yes it's five thirty nine we'll talk more about the game itself coming up in just a minute start fifty feet turn left are you driving so slowly after a few drinks take it slow com behind you what get ready to pay in point one miles getting pulled over for buzz driving could cost you around ten thousand dollars in fines legal fees increased insurance rates nothing kills a buzz like getting pulled over for buzz driving because buzzed driving is drunk driving bloody by the national highway traffic safety administration and the ad council percent inspiration to help you do insurance stuff okay find out what your budget be the boss of you with progressive name your price tool tell us what you want to pay for car insurance it will help you find options that fit your budget yes the music to get you pulled down down down down dying dying I hear your budget laughing at you oh wait that's just those kids laughing at me then I'll do residential insurance company affiliates pricing covered by state law although this time five forty now to the Harley exterior

Boeing Brian Calvert MAX The New York Times Federal Aviation Administratio
Here's what happened in this big week for the economy

Marketplace with Kai Ryssdal

05:59 min | 1 year ago

Here's what happened in this big week for the economy

"Busy week and five maybe six minutes of live radio to wrap things up Catherine Bell is with the Washington Post genus thousand new jobs three point six percents on the unemployment rate I would just yeah I think it's it's a good sign certainly we beat expectations this past month mansion on record of course the average number those this year is below genus. Mike let me turn to you and and the other big big thing that happened this week federal wrong markets reasonably comfortable and care four minutes left trying to counter act couple of months in quarters as president trump has ramped up his trade war and then spend about do you think Katherine Let me let me rephrase that question I read my interpretation I think that was the market's interpretation as well and and look there are shooting in the GDP report that came out This week I mean I guess it was better than expectations but it was still slowdown so I think that Powles who do to inoculate the economy against them and and hope that the trade I had a chance to ask chair Paul a question you asked him what it would take for him raising rates again just because that's what's happened after the last couple of instances of insurance rates again in the near future you know he basically said that they would have to see stronger hiring prices to really really feel that they need to raise rates again and what's is going forward just because you haven't seen any kind of pressures down so I think open question it will be sort of something that the Fed is watching numbers the New York Fed came out today and said they see the fourth quarter GDP at eight chickens go sure we'll look it does not appear that we are at imminent risk continued falling of business investment continued slowdown within job growth things L. quite as buoyant as they did not so long ago if they're worried about manufacturing compel a at the Washington Post Eunice Mike at the New York Times thanks you too

Eunice Mike New York Fed Washington Post Paul Catherine Bell FED Donald Trump New York Times Washington Powles President Trump Katherine Four Minutes Six Minutes
Teslas Auto Insurance Gets Off to a Rocky Start

Business Wars Daily

06:19 min | 1 year ago

Teslas Auto Insurance Gets Off to a Rocky Start

"Business Wars daily is sponsored by audible audible has the world's largest selection of audio books and Audio Entertainment Start Listening with a thirty day audible trial by visiting audible dot com slash B w daily or by texting. Bw Daily to five hundred five hundred from wondering I'm David Brown and this is business worse daily on this Thursday September nineteenth can self driving car or one with driver assist technology drive more safely than you can. That question is at the heart of how much car insurance may cost in the future and if you're a tesla owner the very near future future late last month. Tesla debuted its latest new product. Auto Insurance Tesla's are famously among the most expensive cars in the country you to ensure one reason why Tesla owners were so interested when Elon Musk tweeted his plans to offer insurance must promise that the company could offer premiums that would be twenty to thirty percent less than those from traditional insurance companies. Tesla has several advantages that should make for lower premiums must claimed claimed those advantages include Tesla's knowledge of its own cars and driving safety system called autopilot. That's intended to help drivers avoid accidents and of course the precise driving data collected by cameras and GPS systems installed in the vehicles themselves. Tesla is in the only company using data to determine are driving risk and how much to charge for coverage shop for any insurance policy and you're likely to be offered the opportunity to install a tracking device in your car. You know the the kind of transmits your driving habits for better or for worse directly to your insurer in return. They promised discounts to good drivers well. Whether you you take the offer depends on how you feel about privacy how much money you're likely to save and how confident you are and you're driving and possibly whether you like the idea of keeping electronic tabs on your teenager who was newly behind the wheel. What's new here is that the data tesla collects on its owners isn't really optional? It's how how the vehicles work and that Tesla says allows it to get more accurate pictures of your habits from how often to how far and how fast you drive it still tesla says it's not using individual information to price insurance at least not yet instead like regular insurance companies. Tesla is grouping groupings. An- anonymous data of course insurance rates are affected by other things as well including your location the model value of your car and your age obviously obviously Tesla can't control any of those things still it's offering perked the interest of current Tesla owners and could help Tesla's sell more cars by reducing the insurance coverage sticker shock if that coverage is in fact twenty to thirty percent less well that turned out to be a big if on Launch Day August twenty eight the first excited customers went online for quotes but that excitement rapidly turned to scorn in many cases those quotes were far higher than the price is owners were paying at companies like USA and gyco according to scores of comments in Tesla owner forums and other online sites so what happened was musk overly optimistic. Well know many of those. sky-high quotes seem to have been mistakes stemming from bugs in the algorithms that determine prices. Tesla took it sight down for a few hours the same day to fix the problem problem. Since then at least some customers have been seeing promise savings on twitter. One customer boasted that his insurance for 2017 Model X. Through allstate was more than four hundred dollars a month his Tesla insurance quote about seventy bucks. The company's insurance offering isn't designed solely for the prophets. It's it can bring to Tesla. It's also intended to help drive badly lagging car sales one factor in those slowing sales may well be the high cost of ensuring the vehicles witness another other twitter user a woman named Katie who tweeted on September third insurance prices have been the biggest thing holding me back from getting my Tesla. Please get this to Illinois Asap while Tesla is the number one selling electric car in the US electric vehicles still make up a tiny percentage of all car sales so tesla insurance insurance is hardly likely to shake up the huge auto insurance business right away but down the road well it could very well disrupt the insurance industry as we we buy more electric cars or when other automakers decide like musk to compete with the allstate's in Geico's of this and I'm wondering this business for his day. Hey if you like this episode hit that Subscribe Right Button on your favorite podcast APP that way you thing. I'm David Brown back with you tomorrow. Today's episode of Business Wars daily is brought to you by audible. Audible has the world's largest selection of audio books and audio entertainment right now. I'm listening to an audible original. Call it burns the scandal plagued race to breed the world's hottest Chili. It's wild. It's funny and it's about so much more than Chili's with a convenient audible APP. You can listen anytime anywhere on any device Mobile Alexa Enabled Bluetooth and whole lot more as a member you can easily the exchange any title you don't love at anytime plus. You get to keep your library of listens. Even if you cancel start listening with a thirty day audible trial choose one audiobook doc and to audible originals absolutely free visit audible dot com slash. Bw Daily or text w daily to five hundred five hundred that's audible dot com slash beat daily or text B W daily to five hundred five hundred.

Tesla Audible Elon Musk David Brown Twitter Allstate Chili Illinois United States Geico
Aid effort picks up momentum as some Bahamians seek way out

All In with Chris Hayes

03:16 min | 1 year ago

Aid effort picks up momentum as some Bahamians seek way out

"Wanna turn now. The former fema administrator craig fugate craig the situation. The bahamas looks extremely dire particularly nabucco. What what do you see as the most important priorities right now and do you think the government there has the capacity to make sure that real genuine humanitarian disaster doesn't set in now well the bahamian national former spanish agencies coordinating a lot of things i party is going to be searching rescue <hes> recovery of the of those that we lost and still reaching those areas and start getting supplies in there and i think thing we've got to remember. This is the bahamian lead response. The united states has already set the u._s. Agency for international national developments office of foreign disaster assistance disaster response team to work with the bahamian government as resources teams are starting to flow in the area <hes> but as you just heard into you can get into the knowledge. You really can't get much. Is this going so that's going to be the first party. It'd be able to get back onto the islands. Let's search and rescue recovery and the immediate supplies that are gonna be needed. Start stabilizing those islands. What's the most important thing for folks to have. I imagine it's just it's clean water is the first thing and and shelter and then getting power backup yeah but i think the other thing is is the most important thing his neighbors helping neighbors all across these islands. Most of the initial help in response is just bahamians helping each other so you're going to go from that to once you get everybody. Buddy rescued is the basic things of safe drinking water shelter start looking at what is going to take to get infrastructure back online. I won't be surprised that there maybe decisions made for some people to relocate to family on other islands <hes> just given to the devastation. That's there you know we we're in the living through the front edge of an narrow of of increasingly extreme weather and climate disaster and climate crisis. Are we getting better as a as a sort of civilization at at at dealing with disaster preparedness and rescue and rebuilding no we're not no we send the bill back the way it was. We we tend to plan for what we're capable of and then we soap. It's not that bad. You know climate change. You can talk about all you want to. I think we need to be talking about how we're adapting getting our communities our systems in our infrastructure for what has already happened in his happening now. What what would that adaptation look like. What do you mean by that well in the states. The big thing here is making sure our building codes reflect the increasing impacts that we look at our flood problem not software defined by insurance rate maps but what could flood. We're seeing rainfall events in the u._s. Post tropical non-tropical that a lot of this flooding isn't even in in the areas that are designated as high risk flood zones by fema so we need to get out of our heads to looking at the last hundred years in historical events is preparing as for what's happening because seemed like every couple of weeks every couple of months every couple of years robbing record-setting events that means we have no recorded history of looking backwards is not preparing us. That's a really really really important point craig fugate. Thank you so much for being here.

Bahamas Craig Fugate Bahamian Government Fema United States Administrator Hundred Years
Fed, Fifty Percent And Four Percent discussed on Bloomberg Daybreak: Europe

Bloomberg Daybreak: Europe

06:41 min | 1 year ago

Fed, Fifty Percent And Four Percent discussed on Bloomberg Daybreak: Europe

"And of course the big day for the federal reserve it's gonna be one of the busiest weeks of the year for monetary policy the fed is the only course to announce its decision on interest rates on Wednesday the bank of Japan and then the bank of England have also got decision days joining us in all of this you guys Chris widely chief investment officer at Qana brutally good morning Chris thanks for joining us a blue bag radio is that a surprise factor left for the fed you think they're likely to consider a half point move ways people have got twenty five basis points based in does the zero bound support something more aggressive or not this is interesting at the moment let's define what would be a disappointment if you look at market consensus full cost then twenty five basis points a quarter percent should be what's expected but you can't help but feel that if we call call four percent it would feel like a disappointment and I think that's the route would be interesting to see how the market does respond this week it does seem likely will get a quarter point cuts because of the risks around Hoffa pointing cuts I'm actually kind of just set yourself a new problem if you go with half a point now because then people say is it one and done little that sort of thing as well as about national forget this is a reversal of fed policy in a six month period there is only last December they lost race right said the cut by fifty percent it's implies even of the outlook has changed radically all they did make a mistake before so I think all of that kinda corrals you in the direction of the quarter point cuts and I think there's a bit of a rest that when we get said market site after the rally we've hats mica heh heh well if that says you know let's go back to what was saying and then things and nothing will that's not great either and we've hit some critical technical levels maybe the rally has kind of you know done it stuff for now okay circles point might distract us from the ending season for too long then Chris what about the explanation that the feds gimmick if this week for the right what kind of dominant narrative again we gonna end up with you think after we hear from the fed made weak because the essence is if they can say that the days you know we dated dependent on a live dates was been dreadful because not all what has been dreadful I guess I think it's still the narrative of and of an insurance rate cops and again that's why I think Hoff said point is less likely because it's difficult to maintain that if you're making such a radical change in policy so then I still going to be the narrative I think the reality of the situation is this the political environment is frankly feeding through into the management of monetary policy I think it has to be this react to it the no matter what expression they give us the fat do you think this is actually because of pressure from trump I think it's definitely fed into this and I actually attended the conference last September what Janet Yellen was a keynote speaker and the the single biggest rishi identified was political interference now it's not hi I was gonna say is not explicit is pretty explicit but it is not listed in terms of changing the mandate of the even that's been to things with its implicit but I've seen this many times before the fed does respond to changes in the political environments and that this has happened here so I think it's just ought to fruition a little bit more that long running debates about should we pride talks in price levels that full can we tolerate and over Shusef inflation off the role of under siege I think it's really crystallizes arguments and that's one of the reasons why we protect you like gold now because I think that does well in this sort of environment where negative real rates up back on the agenda will you talk about politicization of central banks which is really fascinating if the price of many around the world including the bank of England we've got now this new kind of crisis cabinet that the prime minister has formed the new prime minister Boris Johnson Hey I'm we have a an interest rate decision and a press conference at four month Kanye expected this week I'm actually by giving it is been the most reluctant it seems a one of the more reluctant to try to ease at on the brakes it risky still choose how much you think that mark Connie's going to discuss that and we have what you think of the UK market right now well you know sacred cows of being let out stores left right and center in this world on the inside one of them is a bank bank independence let's not forget the bank of England was a relatively renewed new recruits yes central bank independence of any happened in the nineties so and of course when you've got a government which is deliberately using the rhetoric of war you know obviously and by all means necessary the wall cabinets systems yes a sister and top in times of war you do extorted things you do what is necessary in the interests of the country and that for that just opens the door bit more since the questioning some of these convention I look I'm not saying that the governments of overnight in the suddenly with Joel central bank independence in the U. K. in fact differentiate paired instability either one of them more instability and uncertainty on that but I think we will probably see the bank of England continue to be pressured I think mark Connie is confined to yesterday's man now not sure we have huge credibility of markets before which is tomorrow is man is that city and what about U. K. assets than in amongst all of this because we haven't come station on that TV a little bit earlier on about how far down the sort of market cap spectrum you have to get you to get domestic exposure not that you've been seeking domestic especially busy reveille domestic exposure so I suppose is you know do you just by foot see one hundred yeah happy without giving the international may couple could you even be tempted into fifty to fifty yeah we yeah we all happy with that see one hundred as you'll I made bats in the UK at the moment of course is the whole point is it's not really a bass on the U. K. it's a pretty global index as was saying this morning you get a whole heap of foreign exchange exposure when the pound goes down it tends to go up as a consequence to get real domestic expect a real small companies exposures really hot if you buy lots of U. K. smaller companies funds as that badge and you look at how the indexes that they track a constructive actually you get a whole heap of mid cap so there of relatively few funds that pretty give you small U. K. specialist for us right now isn't a problem but because they don't particularly seeking about us but we have been thinking about how we would get that in a further down the road if we were able to sort of take a pops a broader approach you just buying the river but mean vestry potential the bounce back attention and in the U. K. Chris thanks very much thanks for joining us this morning Chris Weinke chief investment officer at Qana

FED Fifty Percent Four Percent Four Month Six Month
Saint Louis, President And Kathleen Hayes discussed on Bloomberg Best

Bloomberg Best

01:36 min | 1 year ago

Saint Louis, President And Kathleen Hayes discussed on Bloomberg Best

"Federal reserve bank of saint louis president james bullard says an insurance cut of twenty five basis points to interest rates would be enough to protect against a sharper than expected slowdown in economic growth bullard spoke exclusively to bloomberg's kathleen hayes and explained why he dissented from the fed's decision to keep interest rates level at the last meeting of the policy-setting federal open market committee for the first time was twenty thirteen descended on fed policy decision it was the first ascent in the era of fed chair jay powell i think a lot of people are wondering why now speech on june thirty said a rate cut might be warranted inflation expectations continue to fall if you know if it looked like the weakness could be even bigger from the trade center than thought but why did you say what you really have to draw a line in the sand and say we can't wait gotta cut twenty five basis points today well inflation's running below target which is surprising given that the economy has surprised the upside over the last two years really growth has been higher than most people had expected labor markets have been very strong unemployment at a fifty year low and still we're looking at inflation running below target by preferred measure inflation expectations deteriorating growth still okay looking backward but looking forward looks like a slowdown with some downside risk you've got an inverted yield curve seemed to me like this is a good chance to make us insurance rate cut and try to recenter inflation and inflation expectations back at the two percent

Saint Louis President Trump Kathleen Hayes FED Jay Powell James Bullard Bloomberg Two Percent Fifty Year Two Years
U.S. lays blame squarely on Iran for oil tanker attacks

Morning Edition

06:13 min | 1 year ago

U.S. lays blame squarely on Iran for oil tanker attacks

"Martin. The US says, Iran is responsible for an attack on to commercial oil tankers in the Middle East here. Secretary of state state. Mike Pompeo speaking yesterday this assessment is based on intelligence. The weapons used the level of expertise needed to execute the operation recent similar rating attacks on shipping and the fact that no proxy group operating in the area has the resources and proficiency to act with such a high degree of sophistication US central command released video last night that they say shows Iranian Revolutionary Guard patrol boat removing an unexploded limpet mine from one of the two tankers. They say the Iranians were trying to remove evidence. Let's bring in Admiral William j fell, and now he is a former commander of US Centcom in which he oversaw all US military operations in the Middle East, Admiral, thank you so much for being with us. My pleasure. Good morning, Rachel. Do you believe this video provides absolute evidence that Iran was behind these attacks? It's very convincing to me as secretary Pumpido said, there's a quite a bit of circumstantial evidence, but this video pretty much nails it. How do we know this is in an Islamic revolutionary guard patrol boat? I believe. There's little doubt. That's, that's what it is the US vessel in vicinity. One of our stories saw numerous IRA juicy votes around each of the tankers that was attacked. I think the only question of seeing some speculation that this may be some kind of an independent action. I doubt that sincerely ethic. This was something that was premeditated. And it's a an escalatory step in a in a road too much aware, but certainly not hit at anywhere in the right direction. I mean we've seen this happen before, now four tankers were attacked last month in the same place in the Gulf of Oman, which is just off the coast of, of Iran and the US also blamed those attacks on the Iranian regime. Why is this happening? I believe it's probably Iran, trying to trying to strike back there in a lot of pressure right now. The sanctions that the US is imposed the longstanding robbery, and it's been fought actively with proxies, in Yemen, that involves both Iran and Saudi Arabia. So when this first incident occurred over in jar last month, very interesting. The use of these women minds as they're called that are attached to the whole ship. That's not something that's going to be an everyday item for. Some kind of a startup organizations to somebody that actually is fairly sophisticated. They know what they're doing. And then this event yesterday. Significant esscalation and an arise and sophistication these ships were both underway. I would expect I haven't seen definitively, but expect it came from different ports, and, and they were hit pretty much at the same time. And it appears obviously with this one case, it was a mind there's a report from one of the ships that they're actually some kind of projectiles fired at them, whether these are small missiles, or or guns to be determined, but that oughta be we'll figure this out when they get a look at the ships and see what the damages and see what the wholesale like this is, you know, why are they doing this probably to try to do something to push back in, in the best case one would hope that maybe this will spur some kind of negotiation sometimes discussion. But then rate the immediate effect is probably going to be as we saw yesterday, jumping oil prices and probably insurance rates and anxiety levels because of the volume of petroleum products. That come out of the Gulf, right? Third of the world's supply. So I want to ask you about the public messaging around this, the standoff Iran denies all of it. Iran's u n mission released a statement saying, and I'm quoting here at the US and its regional allies must stop warmongering statement, also calls, the US accusations part of quote, another Arana phobic campaign. Do you think secretary Pompeii peyot by going out holding a press conference publicly accusing Iran, is that the right? Is that the right response? Or should this be happening in more back ten away? It's been so blatantly obvious both on the actions that were that were perpetrated. And the fact that the, the evidence is, is pretty overwhelming that I don't think there's much to be gained in this case by just trying to keep it under the table. And the other reality today is there's so much near instantaneous coverage by the media. In this case, you had video I think it is very interesting, though, that both incidents the one last month, and then this one, one of the very first pieces of information that came out video came from sources so you another question let me have this happen. So I think that directly into question, I don't think there's much to be gained by keeping this quiet. But maybe this'll spur some, some serious discussion I do and ask you. Lastly in just a couple of seconds. The UN secretary general said he's concerned, over a military escalation now. The EU is urging maximum restraint international allies. Clearly, feel this could be a tipping point. Do you know I'm not I don't think it's a tipping point. But it's a it's dangerous because when you start using things that explode and and blow up there's always the danger of miscalculation, some kind of steak and and again when things start flying through the air, it's not good. So this is this is not a good trend and need be very, very careful and take some serious action to try to reverse Admiral William Fallon. Former head of you Centcom. Thank you for

United States Iran Middle East Us Centcom Secretary Iranian Revolutionary Guard Mike Pompeo Admiral William Fallon Admiral William J Gulf Of Oman Centcom EU Gulf Martin. Rachel Commander UN
A Different Kind of Derby

In The Gate

09:46 min | 1 year ago

A Different Kind of Derby

"A different kind of derby to tell you about it's the Mongolian derby. Yes, we said Mongolian derby, it takes place in you. Guessed it Mongolia between Russia and China. So you might be asking where is there? Racetrack in Mongolia. Well, you're not approaching this right? This Turbie is not run at a track. The track is the wild landscape of the country. The Mongolian derby is a six hundred twenty mile endurance race a thousand kilometers. It's designed to recreate the pony express mail system set up by the Mongolian ruler Genghis Khan in the thirteenth century this derby takes anywhere between six and ten days to finish this coming. August will be the tenth anniversary of the Mongolian derby. It was started in two thousand nine by a British based company, but we want to talk about the two thousand thirteen edition of the race the fifth annual event just a few weeks before a nineteen year old girl named Lara. Prior. Palmer was cruising the internet from her home in the United Kingdom and came across the Mongolian derby with zero training and some but not enough money to pay even the entry Faye? Miss. Prior Palmer hit the apply button and wallah entered the race most competitors trained for years in order to endure the fatigue and hunger and horsemanship necessary to get through the race. What happened after that internet? Search is a testament to the human spirit a true tale miss. Prior Palmer, spins in the new book rough magic which comes out right about now. And we're very pleased to have Lara. Prior Palmer with us to discuss her story here on in the gate. You didn't even have the money for the entry fee? So what happened when you told your parents that you were doing this? Definitely it didn't tell them together. I think my mom is li- enticed by horse's name Massa where they are in the world and was taken with the rebound to Susan ally. Was I think my my phone is difficult gauge, he's not doesn't angle himself into reality in the same race that he said it was very dangerous and said it was too opportunistic to do it at the last minute as I was going to and sort Instead of. of just didn't imagine that was the way I should be spending my summer, I think he had ideas probably more related to have imagined his children should be funding. Nessim I'm not even going to go there. What was your goal going in to win to have a spiritual experience to find yourself? Definitely doesn't have go. I was there wins co teenager who was really excited raise money for charities. I thought it was great is in the UK. Lots of people do rap marathon running. And I thought the mobile w was quite unusual. And it would be good thing to raise the greenhouse sports who do fantastic through sports in London with kids from dysfunction communities say that was definitely a goal. And then the other goal is just to finish the race. I guess the pot for doing it and guessing the experience at least for one day before jokes out if I did because no on my age or under the twenty three I think could yet finish the race. You will get to the human suffering in a second. But before we go any further, I think we need to clarify a couple of things first of all it's not one horse that takes you through this race. It's around twenty five horses. How do the horses that you're not writing travel with you through the race? Great question. Yes. It's an insurance rates to humans. Not voices say in Mongolia. There is not a lot of forces than many families on the set have varying amounts of numbers of forces their status symbol, as they are in many, many roads. And so in the summer, the organizes travel mongo Leah us king families if they'd like to act as a horse station for the race and the families will then get together thirty five before she forces. And there's a stations a place that sort of twenty five mile into intervals say, he writes, it three or four hours between station, and he stopped and you given your tied horse and wait for its heart rate to come level. And then you look at the line of twenty horses on it depending on how many runaway in the storm the night before maybe three and then he decided you're an expert. Cindy right on. So you don't even know these horses until you literally hop aboard. And. Get going exactly because even in polo, for example, where a number of horses are on a team with a competitor their property of the competitor. He knows all those horses or she knows all those horses. This is not that. Oh my gosh. How different are Mongolian horses from horses. We're used to seeing here in the west and not just thoroughbreds. I mean. Hard to say casino, lots of British horses a vaguely similar to mongering recipients by EastWest vied, really. But for example, I've ridden some some small Arab pennies in a friend in the states like she had some Icelandic ponies, which not dissimilar from Mongolian pennies, and that they have a large head size, and they've quite stocky and actually genetically qualifies forces, even though they sort of with a height that pony. Tony's it'd be under fourteen two and the way they differed the rave going into the Ray rarely Rijn the ones that I raised. You can't get together one thousand five hundred horses for grace and make sure they will probably train lots of the Masami wild. And they'll have been backed often didn't quite understand steering, which is lucky. He's quite often describe a straight line and a buck Christ law. When he got on them co box and open the ones that bucks that hard. The best bolt is and they would get Alex for good. I'll steam so yet to take that risk. So you're traveling like six hundred miles with horses that are bucking on you. They thought behold way back in the beginning. Maybe. More failing cheeky some of them. I mean within Mongolia, the horses a difference. Some families had Jerry very nice donkeys should expect type horses out of brilliant racing champions who were like woman is no horses. They relied lions do you? Try to talk to them chirp to them. Calm them down. Yeah, you can too. That's another thing saying among Golian language said different Brad for world. In different words, instead of giddy up is more like sound, and Yeah. you You can can talk talk to to them. them as much like I signed on credit lot. I told them, but my frustration Kreidler your any if you writing Elaine, some people some people do their your any companion. You've got to make friends of no matter what the athletic ability is speaking of the other people. I mean, I imagine that most of the other competitors kind of know who each other is somewhat. Then you show up for a fischel testing out of practically nowhere. What was that? Like, it was very global many of the right is not that. And lots of people that it was there was a sense of people trying to make partnerships because we were afraid to write a load, and I never really got round to doing this electrical doing enough of a serious bond with anyone they would welcome any on the testing days with two days or something. It was tens by slightly ignored that I was let high on the excitement of this new group of people fresh out of school with less. Not a sheltered life cried say, particularly and I was just biggest take cited by the whole gyn to natures how terrified I was. Did you get any vibe that they were saying away tea with teenage girl? What is she doing here? It wasn't quite like that. Because I was some other young competitors Severo friendly with each other. There was a sense of surprise that. I wasn't so prepared for the race and as desire from some older people to help me out of the show how many competitors are there in this race varies some years. This about fifty and other years my either eight thirty two so we're talking about thirteen fourteen hours of riding day. Right. I mean, what were the conditions line conditions is in the weather. The weather was very entertaining. We had storms, but it by seat raves followed by floods where you can't cross the land 'cause it's a trap. So you weren't comfortable, and you probably had a change of claves. If you went very good at packing like me. And you're probably sue because there's no way of training for this race. There is nice setup. Like in the any. Russia. How much you've written red semi truck or train polo. Tony's no one's really done this before teen hours a day. And is title is suck on the body. And you get off

Mongolian Derby Mongolia Palmer United Kingdom Tony Genghis Khan Lara Eastwest London Masami Wild Russia Massa Susan Ally Cindy China Faye Alex
 Xactly Corporation - Sales Performance Management

The Tech Blog Writer Podcast - Inspired Tech Startup Stories

06:17 min | 2 years ago

Xactly Corporation - Sales Performance Management

"Guests. I'm excited to get on today called Chris Cabrera, and he's the CEO of exactly and also the author of game the plan and exactly make south performance management software on a used by some of the biggest brands in the world, so Salesforce Hyatt hotels and Louis Vuitton. And that's just a couple of the top of my head. But hey, and a company have a vision to help companies unleash human potential. So they can maximize company performance with hint attack. Maybe his well so book elope and hold on tight. So I can be MIO as all the way to California. So we can speak with Chris Cabrera the CEO. Of exactly who's going to tell us all about that vision. And how they're using technology. A massive warm. Welcome to the show. Can you tell the listeners a little bit who you are? And what you do. So happy to be here. My name is Chris Cabrera, and I'm the founder and CEO of a company called exactly corporation and exactly is in the sales performance management space in our roots really came from the compensation management, you know, paying paying sales people their commissions exactly is famous for making south performance management SPN to pay out. She used by some Lassie Mesic brands such as Salesforce, high hotels and Louis Vitton just to name, but a few. But can you just help? Everyone listening on that same page and tell them a little bit more about exactly what exactly is also what makes you guys unique. Yeah. Know, the nice thing about exactly is. There's probably not a company in the world there on the planet that doesn't need our stuff because every company sells something it could be a service could be a widget. Somewhere in the organization are people who are motivated to do things. And those things could be make more phone calls. So more things, you know, provide better services show up to work on time. And all those motivational things companies are finding you know that the human nature is if you dangle a carrot and give some some incentives to do those things you can drive better performance from your employee base. And so what we do is. We just go into every type of company across you know, you mentioned some of them, but we've got companies that are in just about every vertical in the world. And we and we help them identify people in the organization that they want to incentivize to do things better or differently or quicker, or you know, there's a plethora of ways that people want to incent people and our software allows for that to happen until our customers, you know, drive higher productivity out of their sales teams. We've got numbers that show, you know, four. Eighty percent more productive than than people that don't use these types of systems higher profit margins things and things like that that organizations have to decently use variable compensation and incentives to help drive growth across their sales teams book on new wave of businesses recognizing the value of rolling out incentive compensation beyond sales and intern. They see a powerful role that incentive compensation compla- to actually increase productivity revenue and also the coach of engagement, but can you share the you'll unique point if you and where the industry is heading in your opinion. How you genuinely believe there's been a huge missed opportunity for incentives now only the value that they provide to employees, but also how that can be applied to shape behaviors and motivations and how that can actually impact a company's bottom line. I think everyone knows the classic, you know, pay commissions to sales people and their coin operated, and you know, and so And you. so you find almost every company is paying thirty percent of the population. You know, roughly, you know, there's people that are on quotas and sell stuff, and they're paying them some type of compensation, but I think more and more as you said is companies are realizing how competitive the market is. And how how much incentives can help drive better performance across every type of employees. We're seeing companies that are paying instead of thirty percent of their population. They're paying one hundred percent of their population. Now, those other seventy percent might be getting some type of an MBA or bonus am, I it's not a straight commission. It's not necessarily sell this widget. And you get two percent or five percent. But the the beautiful thing about our software like ours is that you can incentivize any type of behavior as I said, you know, you could be incentivizing the receptionist at the front desk to show up on time and dress appropriately and smile when they greet the people coming in and those could be you know, NBA does the. Each quarter. The manager sits down and says. Yeah, we think you did this about eighty percents. You're gonna get eighty percent of this of this bonus. We see companies like trucking companies that are delivering perishable goods. They're literally incentivizing truck drivers to deliver the load within a certain window. If they arrived too early that likely means they were speeding, and they get tickets and insurance rates go up if they're too late. Well, obviously, the perishables Paris. And and that's a bad thing. We work with governments that are paying, you know, postal service workers that are not even employees of their of the government. They're just hanging shingle somewhere. You know, in remote locations and saying we accept, you know, we sell stamps, and we accept mail well to the government that that looks like a sales person. Right. But it's not at all what you typically think of. I think you mentioned, you know, high earlier, you know, every wedding planner thousands of wedding planners throughout the world that high if you walk into one of them and talk. Talk to them about setting up your wedding, every choice that you make from the wedding cake to the venue to the orders. Those people are being incentivized to to provide. You the best options and options that will make sure you have a great event. So so you're absolutely right compensation is changing dramatically in the in the world today in companies that are figuring it out or bracing it beyond just sales people. So they're automating sales people, and then they're spreading throughout the rest of their company. And what we see is that companies that do that perform much higher rates and have higher profitability

Chris Cabrera Founder And Ceo CEO California Salesforce Hyatt MIO Louis Vuitton NBA Salesforce Lassie Mesic Louis Vitton Intern Paris Thirty Percent One Hundred Percent Seventy Percent Eighty Percent
The $24 trillion case for a strong, global carbon tax

Climate Cast

04:40 min | 2 years ago

The $24 trillion case for a strong, global carbon tax

"Support for climate cast comes from Bank of America as one of the largest global financial institutions Bank of America is in a unique position to help society. Transition to a low-carbon economy Bank of America NA member FDIC. So how much is climate change costing you? I'm NPR chief meteorologist Paul Hefner. This is climate cast. We hear about the cost of climate change solutions. But what about the cost and risk of doing nothing every year the cost of climate inertia rises, but it's not a steady curve. It's more like the trajectory of a rocket. Another five years of delay, a university of Minnesota policy brief says that's a striking twenty four trillion dollar loss in consumption. That's the equivalent of a worldwide recession. Bob litter men helped write that brief he's the chairman of the risk committee an advisory panel at kep owes capital. I asked him how we are already paying for climate change, lots of different kinds of impacts. And it certainly true. That in many cases insurance rates are going to be going up. There's going to be cost many of which are born by the government, which then is passed onto tax payers. So in recent years, you've seen sometimes hundreds of billions of dollars in damages that. Can be attributed to climate change. Bob, you write about inaction, but what sort of action can slow atmospheric warming to that one point five or two degrees celsius goal where it makes the most difference if we were to put on a strong carbon tax globally today. We could probably keep warming well below two degrees. But if we wait until twenty thirty then we're above two degrees c and that may not seem like a lot. But given where we are today in what we're already seeing for the people who are living say forty fifty years in the future when we will hit those peak temperatures, another three tenths of a degree c could mean a major difference in their world, you mentioned a carbon tax. Let's let's boil it down to the simplest aspects for those who haven't heard of it. What is it? And why do you think it would work to fight climate change, the basic ideas to create the appropriate incentives to reduce emissions right now. There are plenty of taxes. That actually incentivize both the consumption and production of fossil fuels. We've gotta change that we've got to create an appropriate incentive to reduce emissions. The simplest ways just to create a tax at the source of the fossil fuel proportional to the amount of emissions that would be created. But once you impose it there. The users of that fossil fuel will end up paying appropriately for the amount of pollution that they're creating Bob what's the most important things, you think people who are connected to and concerned about climate change should think about when it comes to the cost of inaction what they should think about is what it means for, you know, their grandchildren. I think about that all the time. Sadly, we've already gone so far down this road that the world that they will live in will not be the same world that we live in. There will be massive changes to ecosystems to human well-being to health. So that's what they should be thinking about Bob litter men, chairman of the risk committee and founding partner of kept host capital. Thanks for sharing your economic insight today. Go my pleasure. Thank you. My name's Elizabeth Arnold. And I'm a second year science technology and environmental policy master's student at the Humphrey school of public affairs. And I'm studying energy policy. And I'm part of a group from the university of Minnesota that's going to Puerto Rico for an interdisciplinary trip doing research and collaborating with two professors from Puerto Rico and Puerto Rican communities. We're focused on the energy transition. I'm from the Humphrey school of public affairs. So I'm really really interested in the policy piece, how can federal policy territorial policy and local policies impact. These changes that need to happen to really provide the energy that Puerto Rico needs to be sustainable going forward. People got power back after eleven months of being in the dark, which is the longest blackout in US history. So we want to make sure that doesn't happen. Not just in Puerto Rico, Puerto Rico is really going to benefit the rest of the world. In terms of being an example of how things can be done in a more resilient sustainable way. They really have an opportunity to get to one hundred percent renewable by twenty fifty. This is the work that communities all over the world needs to be doing. And so there's a lot that we can learn from Puerto Rico. That's climate cast. I'm MPR chief meteorologist, Paul Hutton her.

Puerto Rico BOB Chairman Chief Meteorologist Bank Of America Humphrey School Of Public Affa University Of Minnesota Fdic Paul Hefner NPR Government MPR United States KEP Elizabeth Arnold Paul Hutton
Former Port Richmond HS principal pleads guilty to insurance fraud

WCBS Programming

00:57 sec | 2 years ago

Former Port Richmond HS principal pleads guilty to insurance fraud

"A former high school principal on Staten Island pleads guilty to insurance fraud are Steve burns has details. The car insurance rates in east stroudsburg, Pennsylvania. No doubt quite a bit less expensive than they are in New York City. That's where port Richmond high school principal Anita Swinton registered her Alexis at the address of a city schools vendor in former principal she had hired. The scheme was first reported by the New York Post last year and in June the city removed Swinton from her job. However, the department of education said swinging would still get her salary about one hundred sixty two thousand dollars a year, pending the outcome of the criminal case criminal case has now been settled between Swinton and the Pennsylvania attorney general's office Swinton agreed to plead guilty to a misdemeanor. She's been sentenced to three years of probation and was ordered. To pay sixty two hundred dollars in restitution the vendor Tanya, John was sentenced to nineteen months of probation. The post reports her company feats LLC is still getting new contracts

Anita Swinton New York City Principal New York Post Pennsylvania Port Richmond High School Steve Burns Staten Island Stroudsburg Feats Llc Alexis Tanya Department Of Education Attorney John One Hundred Sixty Two Thousand Sixty Two Hundred Dollars
Zimbabwe officials wait to release vote results

BBC Newshour

05:27 min | 2 years ago

Zimbabwe officials wait to release vote results

"Syria. Through Turkey For evidence to lead, the suspect and he Activities all of that and more coming up after. The knees Hello I'm Julie. Cantor with the BBC news Malaysia civil aviation chief has resigned following, the release of an official report. On the missing Malaysian Airlines m h three seventy passenger plane the aircraft disappeared almost without a trace for years ago with two hundred and, thirty nine people on, board Celia Hatton, reports. In a statement Malaysia civil aviation authority chairman as Herodotus Abdul Rahman said the long awaited report into m h three seventy s disappearance had highlighted. Failures by air traffic control to comply with standard operating procedures there was no record that air traffic controllers. Had alerted the authorities or had continuously monitored the plane's disappearance. The report which was released on Monday, said there was evidence the plane had been. Manipulated off course but it, was still unclear who was responsible the election authorities in Zimbabwe say they're confident there was, no rigging serious cheating in Monday's presidential and parliamentary polls First results are expected, shortly ruling Zanu, PF candidate president. Emmerson Mnangagwa and the MDC opposition leader Nelson Chamisa have both said, they're confident of victory from Harare. His name Saco it is an offence in this country to announce results before they are actually announced by the electoral commission so there is, a lot of anticipation, in the next, few. Hours there could be results that will be announced but those results possibly Harlem mentally results and we are told that vote counting has almost been. Completed across the country but what is happening at this stage is that the electoral commission is very fine. Those results before even making an official announcement it's emerged that. The man who carried out a suicide, bombing at an Ariana GRANDE concert Manchester arena. Last year was rescued from, the civil war in Libya by British navy ship three years earlier Solomon Abadie kill Twenty two people including seven children. Caroline Davis reports Salman Abidi is thought to have been on holiday in Libya in August two thousand fourteen when the security situation in the country deteriorated he and his younger brother. Has seem were among more than one hundred British citizens taken on the ship they sailed from Tripoli to. Malta on HMS enterprise before they were flown home Abadie was being. Monitored by security services when he travelled to, Libya but his case was closed a. Month before he was rescued an Arab Israeli poet has been sentenced to five. Months in jail for inciting violence and supporting a terrorist organization in social media posts. The case of Doreen tattoo who was arrested. Three years ago and convicted in may has been taken up by free speech advocates in, Israel during her lengthy trial Doreen detour setup Howie must misunderstood and did not call, violence well news from, the BBC this This is WNYC in New York I'm Richard Hake governor Cuomo was ordering. A state regulators to deny insurance, rate hikes attributed to the president's attempts to weaken the Affordable Care Act governor Cuomo says insurers have asked for an average of a twenty four percent rate increase in response to the repeal of the individual mandate Cuomo says he would direct the state's department. Of financial services to reject any increases motivated by White House continued efforts to. Undermine the healthcare law insurance premiums must be based on actual cost. And not political manipulation insurers asking for the increase say that. With fewer healthy people in the pool their costs will go up the attorneys general of New York New jersey are joining with other states six others to file suit against the Trump administration over its decision to allow a company to publish downloadable blue prints for three d. printed guns WNYC's Yasmeen Khan reports the, lawsuit comes just ahead of an August first release date for the manufacturing. Plans The files will be made available online from Texas based group called defense distributed after years of litigation and a June settlement with the Trump administration New York and New Jersey state officials are protesting the, so-called ghost guns because they can't be traced and could allow people who want them to evade background checks officials, say the availability of, these weapons also circumvents existing state gun control laws, children under the age of to make, up more than a. Quarter of kids in foster care in, New Jersey advocates for children of New Jersey executive director Cecilia Zelkin says the data around abuse victims is stark but not surprising you can explain. It because there's certainly. More vulnerable but to me it raises questions about what are the policies in place To. Look at young children's needs differently it's the group's first report focusing, on data for. Children up to the age of three looking at. Health indicators for, the state's youngest residents mostly cloudy today this is WNYC Hello and welcome. To news after the BBC World Service we are coming to.

BBC Governor Cuomo Libya New Jersey Malaysia Wnyc Official President Trump New York Malaysian Airlines Doreen New York New Jersey Celia Hatton Emmerson Mnangagwa Abdul Rahman Manchester Arena Cantor Syria. Nelson Chamisa Tripoli
"insurance rates" Discussed on Clark Howard Show

Clark Howard Show

01:58 min | 3 years ago

"insurance rates" Discussed on Clark Howard Show

"Emeka you do pay more when you first get at wouldn't be double or anything like that on the credit score thing okay so in some states you cannot use credit scores is a factor in setting insurance rates for auto were home other states you can most actually you can and there was a big point of contention as to whether or not your credit had to be thawed four insurers to check for uh for your credit score the it's a special kind of credit score usually called shorthand hand insurance score the your credit will have to be thawed for them to be able to do so and i still don't have a straight answer if in fact it does have to be thawed and i guess that's my fail is that's been hanging out there and we will get the answer to that is to whether or not you have to do a temporary thaw have your credit when you do want to shop for auto insurance because the inquiry they do is known as a soft yet not a hard hit which is why i was under the impression your credit did not have to be thought so i'll get to the bottom of that an answer it properly okay now one of your favorite subjects travel few stinks that are related to travel here's the first one recently a very concerned grandma called you to inquire about the safety issues related to her daughter's family vacationing in greece you ascertain the her concerns were not related to the terror incidents that have plagued europe but to the dangers in quotes of travelling to greece with a small child i wish you would have been more furhman explained that greece is not a third world country listening to the call it felt like graham envisioned her family vacationing in syria sure greece is in a precarious financial state but it was as if the caller believed there would be no potable water to be hat.

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"insurance rates" Discussed on KYW Newsradio 1060

KYW Newsradio 1060

01:32 min | 3 years ago

"insurance rates" Discussed on KYW Newsradio 1060

"T gene insurance rates on california's affordable care act exchange known as covered california are going up at least twelve and a half percent it said insurance commissioner dave jones says as much as 25 percent of the president's slashes subsidies designed to make the affordable care act affordable irish prison trump to stop undermining the affordable care he says the president discharged with faithfully executing the laws of the united states in the affordable care act is still the law part of the law is cost assisting subsidies cupboard california covers about a million and a half people a majority of whom received subsidies jim roope los angeles kyw news time twelve oats six the trump administration reportedly wants to look into the legal justification of using affirmative action on us college campuses according to the new york times and internal justice department document reveals its civil rights division is gearing up for an investigation and possible litigation against us colleges using what it calls racebased discrimination with the aim of protecting white applicants from discrimination through affirmative action that document does not mention any known individuals discriminated against but suggest the department is readying to target schools that prioritise minorities students over white students the memo indicates the undertaking would be headed by political appointees and doj civil rights division lawyers with the and double acp promise a strong response scott carr washington kyw news time 1204 sets and now the eyewitness weather five day forecast andy unsettled steamy pattern continues to the delaware valley wet some scattered but locally drenching showers are storms the rest of the day.

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"insurance rates" Discussed on WAFS Biz 1190

WAFS Biz 1190

02:21 min | 3 years ago

"insurance rates" Discussed on WAFS Biz 1190

"This stuff if you don't fight fire with fire you're going to lose use the damn nuclear option repeal obamacare revert us back to twenty nine and then you can come up with something to help the twenty million people you're staying worried about because that's really what it boils down to i realized that's not going to happen i toy totally get it i realized that's not going to happen but that's what makes logical sense we don't need the federal government to help us i've said this before it's been said by others i want insurance rates for me commensurate on my use ari claims on insurance so sometimes when i have specially was living at the coast and will tropicalstorm would blow through and you have three thousand dollars for the damage i didn't file claim because i knew that over time i would have a higher rate of insurance on a bunch of stuff i try to be healthy i eat healthy food not always but i try i work out i'm into fit dennis i like sports i should get a break for that anyone else's this people more healthy than me they should get a break for that our young people shouldn't have to be paying for grandma because grandma cost a lot more and so therefore this systems not fair there are people getting harmed at the expense of others and it's it's like this whole argument tom perez comes out people who are worried death because this republican repeal bill is not a healthcare bill it's a tax cut bill for the medical wealthy masquerading as their belfair republican blank at two hundred people die our people are going to die two hundred thousand people he says it gonna die tom perez dnc chair me my goodness no this was all about saving people from bankruptcy they had access to healthcare the emergency rooms no one's getting turned away without healthcare they're just going bankrupt if they don't have i sons on the autism spectrum and if i lose coverage under medicaid i'm going to have to institutionalise him we talk about the opioid epidemic and stop at so yeah the opioid epidemic we can come up with something for that your son on autism against his sons in adult so he's going to have to institutionalise you're the dnc chair you've had a pretty successful life you're going to put him.

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