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National Cyber Security Awareness Month
October is National Cyber Security Awareness Month. Weekly Industry News does a lot of cybersecurity stories, but this is the first we've heard of October being so designated. The month was created in 2004 by the National Cyber Security Alliance and the U.S. Department of Homeland Security. It's certainly a deserved designation for the hallowed month of Halloween haunting. The U.S. financial sector is the most targeted in the world and — at least so far — it's an easy target. Massive attacks have been launched against a bunch of huge corporations and a lot of small businesses and individuals.
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 Industry News from PIA Western Alliance


Ebola: The insurance impact
The Ebola epidemic in Africa is causing concern among U.S. residents. It is having a similar impact on insurance. To counter the concern, the Insurance Information Institute posted a comprehensive fact sheet on Ebola and its effects on U.S. insurers on its website. It is titled Facts and Perspectives on the Ebola Pandemic and is authored by Dr. Steven Weisbart, the institute's chief economist.
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TRIA: Some industry pressure
ACE CEO and President Evan Greenberg recently had words for a do-nothing Congress. On a conference call with analysts, he said it is "shameful" that Congress has done nothing on the renewal of the Terrorism Risk Insurance Act and had no time to do it in the short session after the August recess but does have time to go out and campaign.
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Cyberattacks top financial service companies worry
The Depository Trust & Clearing Corporation does interesting surveys. This report on this one involves financial services and its concerns about cybersecurity. One thing the DTCC noted in the analysis of its survey is financial service firms being the most security-savvy and security-thinking of all industries.
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PRODUCT SHOWCASE
  35 Tech Tools for Ins. Agents (ebook)

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Open enrollment: Make it less stressful for you and your employees
The company is bswift. Yes. The capitalization is correct. No capital on the "b." The firm is an HR and benefits company. Their experts Allison Malito and Jill Steinberg recently posted seven tips to help make the open-enrollment process at your company easier, faster and less painful for all.
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HealthCare.gov: What to expect for 2015 open enrollment
Kevin Counihan is the new head of HealthCare.gov. Acknowledging there is "room for improvement," Counihan said the Obamacare website is ready for 2015's open enrollment. At a conference sponsored by America's Health Insurance Plans, Counihan outlined his goals for the website.
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Looking for similar articles? Search here, keywords OPEN ENROLLMENT.


Employers not up to speed on worker absence cost
The Aon Hewitt 2014 Health Care Survey found most employers don't take employee absence into account when it comes to the company bottom line. Those following such statistics are surprised. Employee absence has a high cost of about 8 percent of all income.
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Rates still rising but for how long?
MarketScout said the composite rate for commercial insurance coverage in the U.S. rose an average of 1.5 percent in September. Willis Holdings took a look at commercial P&C rates and predicts a market that continues to soften in 2015. Commercial aviation and cyber coverage will, however, show some strength.
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Millennials and insurance: Some important stats
Millennials were born between the early 1980s and 2000. They're also known as Generation Y. Millennials are the largest group of individuals living in the U.S. today. They number 76.6 million and — as the fastest growing group of consumers and employers — they command $1.68 trillion in purchasing power.
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California's big one: It's just a matter of time
You've heard and read about it for quite a while. Those who grew up in the 1950s — or earlier or even a bit later — have been hearing about California's "big one" for decades. It's that mind-boggling, great earthquake that could — if it's strong enough — radically change things in the Golden State forever.
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Millennials and insurance: MyPath — inviting the nation's youth to work in insurance
A program called MyPath was unveiled recently by The Institutes. It's aimed at "educating students and young professionals about the insurance industry and its limitless career opportunities." The Institutes and its concern is a huge number of people retiring now and in the near future with no one to replace them.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    The sequel: Do you like your health insurance plan? You can keep it (PIAW)
More data breaches: Insurers scramble to keep up (PIAW)
Wal-Mart enters health insurance business (PIAW)
Cover Oregon to disband (PIAW)
Kelsey Wood: PIA Oregon/Idaho Agent of the Year (PIAW)

Don't be left behind. Click here to see what else you missed.


Things we have to overcome: Insurance myths
Insurance — as we all know — is kind of confusing at times to the average person. Insure.com did a survey of 2,000 adults and asked them about 10 insurance topics in the form of true or false questions. Here are the 10 items, the gender of those quizzed, the breakdown of who answered what and the right answer to the question.
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MarketScout: September rates
MarketScout released its September look at insurance rates. On average, commercial insurance rates rose 1.5 percent. While rates are up, MarketScout CEO Richard Kerr said overall things are trending down. "We are measuring changes with a high degree of sensitivity because the monthly changes are ever so slight. However, rates clearly continue to drift downward."
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Consumer advisory: Defective airbags
The National Highway Traffic Safety Administration urges owners of certain Toyota, Honda, Mazda, BMW, Nissan, Mitsubishi, Subaru, Chrysler, Ford and General Motors vehicles to act immediately on recall notices to replace defective Takata airbags. More than 7 million vehicles are involved in these recalls, which have occurred as far back as 18 months ago. The message comes with urgency, especially for owners of vehicles affected by regional recalls in the following areas: Florida, Puerto Rico, limited areas near the Gulf of Mexico in Texas, Alabama, Mississippi, Georgia and Louisiana, as well as Guam, Saipan, American Samoa, Virgin Islands and Hawaii.
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PIA Weekly Industry News
Colby Horton, Vice President of Publishing, 469.420.2601
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Rebecca Eberhardt, Content Editor, 469.420.2608   
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Gary Wolcott, Editor/Writer for PIA Western Alliance, 503.724.9028   

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