Berkshire Hathaway could suffer losses of $3 billion from Hurricane Ian and other weather events in the third quarter, but investors are apt to be more focused on the company’s investment activity. Be...
Tag: insurance
What a ‘mysterious disappearance’ insurance clause means
Lauren Bates | Moment | Getty Images If history is a guide, insurance claims for unexplained disappearances will jump this Halloween. Renters and homeowners insurance claims related to a “myster...
Who Needs Long-Term Care Insurance?
should I buy long term care insurance Long-term care insurance is designed to help cover the cost of nursing home care. This type of insurance can help to fill a financial gap that isn’t covered by Me...
Opinion: Your HSA can be an extra retirement savings — how to make smart choices during open enrollment
It’s open enrollment season, which means it’s time for most workers to choose benefits for the year ahead. Health insurance is one of the most popular benefits that workers review yearly, but there is...
The Keystone XL Pipeline Was An Insurance Policy Against Russia And OPEC
Opponents of the Keystone XL and Dakota Access pipelines hold a rally as they protest US President … [+] Donald Trump’s executive orders advancing their construction, at Lafayette Park nex...
Americans think they need $1.25 million to retire. Is that even enough?
Americans think they need $1.25 million to retire comfortably, new research suggests, but while that number may seem hefty — it still may not be enough. A study from Northwestern Mutual released this ...
Billionaire Ron Perelman Claims $410 Million In Damage To Art Collection After Hamptons House Fire — But Insurance Companies Disagree
Topline Billionaire financier Ronald Perelman is suing a group of insurance companies for more than $410 million over five multimillion dollar paintings Perelman claims were damaged in a 2018 fire at ...
Americans Say They Need $1.2 Million to Retire. Most Aren’t Saving Enough.
When it comes to retirement, Americans are simultaneously determining they need more stashed away to have a comfortable retirement and falling behind their savings goals. That’s according to two new s...
Are Health Insurance Premiums Ever Tax-Deductible?
SmartAsset: is health insurance tax deductible Health insurance premiums can be tax-deductible under some circumstances. Taxpayers who itemize may be able to use this deduction to the extent that thei...
Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take – Featured Bitcoin News
Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to th...
How Asset-Based Long-Term Care Insurance Works
SmartAsset: What Is Asset-Based Long-Term Care? As you plan your retirement future, consider your options for long-term care. In-home or nursing home care can be expensive. But certain financial produ...
A Look at Decentralized Insurance
October 20, 2022, 4:58PM EDT • 10 min read Quick Take The insurance industry is a cornerstone of the financial sector, collecting over $1.36 trillion in premiums in the US alone. With the recent surge...
How FDIC insurance could bring Bitcoin to the masses
Over the years, several cryptocurrency companies have claimed that deposits with them were insured by the United States Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) as if they ...
Opinion: Don’t have $13 million? The lifetime estate- and gift-tax exemptions for 2023 still matter to you.
The wealthiest families in the U.S. will get a bit of inflation-adjusted relief from the IRS in 2023, with the lifetime estate-tax exemption increasing to $12.9 million for individuals, up from $12.06...
Millions could lose health insurance when Covid emergency ends
Secretary of Health and Human Services Xavier Becerra testifies before the Senate Health, Education, Labor, and Pensions Committee hearing to discuss reopening schools during the coronavirus disease (...
Medicare Open Enrollment Starts Today. Here’s What to Know.
Medicare’s open enrollment period arrives predictably each fall, blanketing beneficiaries in advertisements. While there’s no need to look at everything, it pays to review your coverage and make sure ...
Bill Miller Believes that Bitcoin is an Insurance Policy Against Financial Disaster
Bill Miller is a globally popular investor and a supporter of Amazon and Bitcoin. Miller first time purchased the shares of Amazon in 1997 during its IPO. He started investing in Bitcoin in 2014. ...
Smart contract-enabled insurance holds promise, but can it be scaled?
A new insurance world is coming where smart contracts replace insurance documents, blockchain “oracles” supplant claim adjusters, and decentralized autonomous organizations (DAOs) take over traditiona...
Bitcoin is an Insurance Policy Against Financial Disaster: Bill Miller
Despite the market downturn of 2022, legendary value investor Bill Miller remains bullish on his two favorite investments: Amazon, and Bitcoin. In a recent interview, the former chief of Legg Mason ca...
This is how high interest rates might rise, and what could scare the Federal Reserve into a policy pivot
The stock market’s reaction to the latest inflation report Thursday underlined just how confused and fearful investors are. The S&P 500 SPX, +2.60% plunged as much as 3% shortly after the open as ...
Baby boomers, Generation X expect to work past 70 — or forever
Almost half of baby boomers and more than one-third of Generation X expect to work past age 70 or do not plan to retire at all, highlighting the need for backup plans in case life’s unexpected events ...
The New Orleans Pelicans Have The Perfect Zion Williamson Insurance
DETROIT, MICHIGAN – FEBRUARY 01: Trey Murphy III #25 of the New Orleans Pelicans celebrates a second … [+] half basket with Herbert Jones #5 while playing the Detroit Pistons at Little Cae...
Opinion: Florida’s insurance rates have almost doubled over five years, yet insurance companies are still losing money — and the reason is more insidious than hurricanes
Hurricane risk might seem like the obvious problem, but there is a more insidious driver in this financial train wreck. Finance professor Shahid Hamid, who directs the Laboratory for Insurance at Flor...
20 dividend stocks that may be safest if the Federal Reserve causes a recession
Investors cheered when a report last week showed the economy expanded in the third quarter after back-to-back contractions. But it’s too early to get excited, because the Federal Reserve hasn’t given ...