Denial runs deep when it comes to money and retirement. Older adults are working longer, but at first blush they contend they are working because they want to. Only when pressed do they admit they nee...
Tag: insurance
No wonder Powell didn’t commit to extra hikes. Here are five reasons the January jobs report may be too good to be true.
Traders took heart that Fed Chair Jerome Powell, when he wasn’t being questioned by David Rubinstein on how he gets by on $190,000 per year, didn’t commit on Tuesday to having to be even more aggressi...
Auto insurance is up by more than 15% this year in some states
Miniseries | E+ | Getty Images As with many line items in your household budget, your auto insurance probably costs more this year than in 2022. How much more? related investing news It depends on a v...
Should I Get a Life Insurance Retirement Plan This Year?
SmartAsset: What is a life insurance retirement plan (LIRP)? The main purpose of a life insurance policy is to take care of your loved ones after you die. However, your life insurance policies can als...
Cigna stock bounces after profit tops expectations, while revenue comes up shy
Shares of Cigna Corp. CI, -3.75% bounced 1.1% in premarket trading Friday, after closing the previous session at a 3 1/2-month low, after the health insurer reported fourth-quarter profit that topped ...
‘My stepmother has been less than ethical’: I suspect my stepmom removed me as beneficiary from my late father’s life-insurance policy. What can I do?
Dear Quentin, My dad passed away in March 2019. My stepmom told me I had an inheritance from my dad. She ceased communication with me after my dad passed away. I reached out to the Department of Fina...
Crypto Exchange Gemini Emphasized FDIC Insurance in Communications With Earn Customers: Report
CORRECTION (Jan. 30, 18:26 UTC): An earlier version of this article incorrectly drew the conclusion that Gemini is being investigated by the New York Department of Financial Services specifically for ...
Three states saw car insurance prices spike by 25% in 2022 and experts say US drivers should prepare for even more sticker shock in 2023 — here are 5 ways to drive your costs down now
Three states saw car insurance prices spike by 25% in 2022 and experts say US drivers should prepare for even more sticker shock in 2023 — here are 5 ways to drive your costs down now A perfect storm ...
Can I Deduct Long-Term Care Insurance From My Taxes?
is long term care insurance tax deductible Long-term care insurance can be an important part of planning for the twilight of your life. Despite everyone hoping they’ll be healthy and active until the ...
This 72-year-old is hoping to fund her retirement on GoFundMe
GoFundMe campaigns have been raising piles of cash for older Walmart workers who want to retire — but the heartwarming stories about sudden windfalls mask a dark reality about economic security and gr...
Top 3 Insurance Tokens To Watch In January 2023
Insurance tokens provide protection against financial losses and cryptocurrency theft, making them an effective risk management tool for traders and investors. Insurance Tokens have a total market cap...
China’s Covid wave drives up consumer interest in health insurance
Chuiyangliu hospital, pictured in January 2023 in Beijing, in the last few years finished renovations that allowed for a six-fold increase in daily patents to 5,000 a day, according to official estima...
Can Insurance Companies Help DeFi’s Adoption & Popularity?
Join Our Telegram channel to stay up to date on breaking news coverage DeFi insurance may finally have a chance to succeed in troubled crypto markets, but only if it can overcome key obstacles. Less t...
Are DeFi Degens in Good Hands? Insurance Companies Want to Help
Distressed crypto markets might finally give DeFi insurance a chance to flourish, but only if it can overcome some headwinds. At the moment, less than 1% of all the assets in the $47 billion DeFi ecos...
FTX’s Failure Highlights Need for Federally-Mandated insurance
The usual conversations are taking place about what new regulations need to be enacted to prevent another FTX. While it is obvious something needs to happen, experience makes clear that the current re...
Do I Need Long-Term Care Insurance?
Inscription: long-term care insurance A 65-year-old person today has nearly a 70% chance of requiring long-term care services at some point, according to the Administration for Community Living (ACL) ...
Insurance Stock Tanks After Firm Warns Catastrophic Winter Storm Last Year Dealt $459 Million In Losses
Topline Shares of Travelers, one of the nation’s largest insurance companies, wiped out more than a month of gains Tuesday after the company warned fourth-quarter profits took a worse-than-expec...
MYGAs and Fixed Index Annuities Are Popular. What to Consider.
Rising rates have made annuities of all stripes more interesting investments, but two in particular are worth a hard look right now. Multi-year guaranteed annuities—MYGAs, for short—are the insurance ...
Natural Catastrophes Become The Largest Driver Of Corporate Insurance Losses In The US.
Authored by Lee Shavel — President and CEO, Verisk When businesses assess risks, they often consider factors such as data breaches, operational disruption, compliance or reputational risk. Natural cat...
‘My adviser insists this is a good, low-risk investment.’ I’m semi-retired at 63 with $2 million saved. My financial adviser wants me to sink half my money in an annuity. Should I do it?
I’ve never been a big fan of annuities, but my advisor insists this is a good low risk investment vehicle. Is a variable annuity a good option for me? Getty Images Question: I am 63 and semi-retired. ...
Can Nursing Homes Take My Life Insurance From My Beneficiary?
can nursing homes take your life insurance from your beneficiary A lengthy nursing home stay can be expensive, and if you don’t qualify for Medicaid, you may need to draw down your assets to pay for i...
Matrix Port: Crypto Insurance Should Be a Regular Offering
Matrix Port – a crypto services provider – believes it’s time for all crypto custody firms and related businesses to begin offering insurance to digital currency customers. Matrix Port Wants Crypto In...
Opinion: Crypto insurance is nearly nonexistent, so you’ll have to rely on common sense
If only your bitcoin could catch on fire — literally — then it might have a chance of being covered by insurance. For property, fire is a straightforward hazard. But it’s probably the one big thing th...
Lyft stock melts down after earnings ‘debacle for the ages’
Lyft Inc. isn’t getting too many stars for its latest earnings report, which is helping to send shares down more than 30% Friday morning as numerous bulls head for the hills and fret about the company...