In the last several months you may have seen news headlines announcing that the Social Security program will be insolvent by 2033. This could be alarming if you’re planning to retire, but it doesn’t n...
Tag: insurance
India’s Life Insurance Corporation (LIC) Gearing Up for Biggest-Ever IPO
The LIC is the dominant life insurance provider in India with an estimated investment of $503 billion and a life fund of $470.70 billion. The Life Insurance Corporation (LIC) is gearing up for India’s...
Cathie Wood Watch: Ark Buys a Sagging Healthcare Stock
Renowned investor Cathie Wood, chief executive of Ark Investment Management, did more selling than buying on April 29, including the sale of a personalized-health-care-benefits provider for companies....
Ukraine fallout will extend long rally in commercial insurance prices
The economic fallout from Russia’s war in Ukraine will provide fresh impetus to a multiyear rally in the price of commercial insurance cover, industry experts have warned. The global price of commerci...
Elon Musk is taking over auto insurance too — should you get Tesla to cover your car?
Elon Musk is taking over auto insurance too — should you get Tesla to cover your car? As he did with the electric car industry, Elon Musk is aiming to revolutionize car insurance, promising drivers up...
Warren Buffett Says Markets Have Become a ‘Gambling Parlor’
OMAHA, Neb.—As recently as February, Warren Buffett lamented he wasn’t finding much out there that was worth buying. That is no longer the case. After a yearslong deal drought, Mr. Buffett’s Berkshir...
Amulet, Rust-based DeFi Insurance Protocol, Raises $6M in Seed Funding, Led by Gumi Cryptos Capital
[PRESS RELEASE – Please Read Disclaimer] AMULET, a new DeFi (decentralized finance) insurance Protocol for rust-based ecosystems, has successfully raised $6m in its first funding round. The seed round...
‘I’m spending a fortune on home maintenance. I realize my second husband is essentially living in my house for free’: What is a fair way to split costs?
I am a retired 62-year-old woman. I was widowed in 2006 at the age of 46 and raised my two children (now 24 and 27) on my own. I used my husband’s life insurance money (about $500,000) to maintain our...
DeFi insurance platform Uno Re launches cover portal for crypto assets
Uno Re, a decentralized insurance platform, launched a cover portal today that enables DeFi users to immediately insure their crypto-assets, it said in a news release. The company said it is addressin...
Surging Fertilizer Costs Are Pushing Food Prices Higher
Fertilizer costs have roughly doubled from a year ago as the war in Ukraine disrupted the flow of supplies from Russia, the world’s largest exporter of the commodity. That has contributed to higher gl...
Opinion: This will be a year for stock market traders — here are 12 companies to favor, says 40-year investing veteran Bob Doll
If you’re relatively new to investing, and you think 2022 has been a year from hell, imagine being in the stock market for over 40 years. That would’ve put you through the Great Financial Crisis in 20...
Understanding the Need for Cryptocurrency Insurance
Crypto insurance safeguards against all losses related to cybersecurity breaches. In the present time, most cryptocurrency trades provide at least some insurance to protect digital assets against misf...
Here are 30 stocks that Goldman Sachs likes when the economy stutters and markets gyrate
Wall Street is finding some traction for Tuesday, as investors wade through big earnings and ample, gloomy distractions. Fighting has ramped up again in Ukraine as the battle begins for the country’s ...
DeFi Insurance Platform Uno Re Launches Cover Portal
2 hours ago | 3 mins read Press Release Uno Re, a decentralized insurance platform, launched its Cover Portal on April 21st, 2022. Accessible through Uno Re’s dApp, the Cover Portal addresses an under...
3 strong insurance stocks which analysts predict will see steady growth in 2022
Insurance stocks have the ability to produce long-term returns acting as a potential hedge against inflation. With inflation hitting almost a 40-year high of 8.5% investors may seek to sit on the side...
4 big expenses you should factor in for retirement
Retirement planning is part savings, part guessing game. While many of your day-to-day expenses will remain the same, there are big-ticket categories that can take a large bite out of your savings. Th...
Delta Will No Longer Make Unvaccinated Employees Pay Insurance Surcharge
Topline Delta Air Lines will no longer require unvaccinated employees to pay an additional $200 for health insurance every month, CEO Ed Bastian said Wednesday, as companies have dropped vaccination r...
Delta ends $200 health insurance surcharge on unvaccinated employees
A Delta Airlines passenger jet approaches to land at LAX during the outbreak of the coronavirus disease (COVID-19) in Los Angeles, California, U.S., April 7, 2021. Mike Blake | Reuters Delta Air Lines...
Warren Buffett Showed Tough Negotiation Skills in Alleghany Deal
Text size Warren Buffett Drew Angerer/Getty Images Warren Buffett is known as a tough negotiator, and that was apparent in Berkshire Hathaway ’s negotiations to buy the insurer Alleghany when the Berk...
Do I Need Life Insurance Once My Children Are Grown?
Tanza Loudenback, CFP® Do I need to carry life insurance after my children have reached adult age? If so, what type makes the most sense? – Greg Becoming an empty nester is a prime time to re-evaluate...
Hong Kong’s OneDegree to Provide Digital Asset Protection Insurance with Munich Re
OneDegree, a rapidly rising virtual insurance company in Hong Kong, on Monday, announced a launch of a digital asset insurance product, OneInfinity, which aims to offer protection for digital asset ma...
Pfizer’s New CFO David Denton Negotiated One of the Biggest Healthcare Deals in History
Pfizer on Monday named a new chief financial officer with a resume that hints at the company’s plans to spend big with its Covid-19 vaccine windfall. David Denton is taking up the CFO role at Pfizer (...
Goldman Sachs, JPMorgan, Delta, TSMC, and Other Stocks for Investors to Watch This Week
Text size Uncredited First-quarter earnings season begins this week, kicked off as always by results from several big banks. JPMorgan Chase reports on Wednesday, followed by Wells Fargo , Goldman Sach...
I’m 61, left my job due to medical reasons, and made $150,000 from the sale of my home. I’d like to work for at least another 5 years. Can I still retire? If so, how?
Dear Quentin, I recently sold my house and had to leave my job due to a medical issue that was easily resolved, and I am now fine. I have approximately $150,000 in my checking account from the sale of...
Opinion: Berkshire and Buffett have 5 words for sellers who want their money: ‘Take it or leave it’
As fans flock this weekend to Omaha, Neb. for Berkshire Hathaway’s annual shareholders meeting hosted by Chairman and CEO Warren Buffett, you may be wondering what all the fuss is about. The answer: ...