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News you need to know for Tuesday, May 22


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      Insurers aren't raising rates as much on drivers caught texting

      Last year, a ticket for using a mobile phone while driving added $226 to the average insurance policy, an increase of 16%, according to a new analysis from Zebra, a Texas-based startup that helps consumers weigh insurance rates. That's up from just $23 in the span of two years, but still a lot less than some other violations. Underwriters 'don't have the tools to measure the risk properly,' the executive director of an Ohio State think tank says. The actuarial future may resemble the practices...

      Jeremy Nobile and Timothy Magaw

      Diversity is a marathon — not a sprint

      Diverse workforces are better workforces. That's the main takeaway from business consultants, researchers and, of course, executives when asked about the importance of putting together teams inclusive of varying races, genders, ethnicities, sexual orientations and socioeconomic statuses. However, for many industries and companies, intentionally building programs that address diversity sound great in theory — and as talking points — but such efforts often fizzle in their infancies.