how are survivorship life insurance policies helpful in estate planning Survivorship life insurance, also called second-to-die insurance, may be attractive for married couples with a high net worth. W...
Tag: insurance
Biden will sign the Inflation Reduction Act today. Here’s MarketWatch’s rundown of how it will affect your energy bills, investments and drug costs.
President Joe Biden on Tuesday is scheduled to sign into law the Inflation Reduction Act — the Democrats’ big economic package aimed at addressing climate change, capping drug costs and raising hundre...
Celsius’ $750 million insurance is a lie and the claim is ‘intentional deception’, says lawyer
After going bankrupt and incurring massive losses for investors, the cryptocurrency lending platform Celsius has faced multiple lawsuits, and that is only one side of its troubles as an attorney repre...
Berkshire Hathaway boosts Apple, Amazon stakes
Warren Buffett’s Berkshire Hathaway Inc. BRK.A, +0.55% BRK.B, +0.42% added to its positions of Amazon.com Inc. AMZN, -0.26% and Apple Inc. AAPL, +0.63% over the past quarter, according to a filing wit...
House passes Inflation Reduction Act: What Democrats’ bill does for climate, drug prices and taxes
Democrats’ Inflation Reduction Act passed the House of Representatives in a 220-207 vote on Friday after clearing the Senate last weekend, and with it, some big changes could be coming to key sectors ...
Lemonade stock pops after earnings as insurance company plans to slow spending growth
Shares of Lemonade Inc. LMND, +4.32% were up more than 8% in after-hours trading Monday after the company, which provides renters’ insurance, car insurance, and more, posted a narrower loss than...
Senate GOP Blocks Insulin Price Cap For Private Insurance As Democrats Aim To Pass Economic Bill
Topline The Senate has spent more than 12 hours debating amendments to the $430 billion Inflation Reduction Act, a landmark climate, tax and healthcare bill Democrats aim to pass Sunday afternoon usin...
Berkshire Hathaway’s Earnings Fall, Hurt by Market Volatility
Berkshire Hathaway earnings slid in the second quarter as market turmoil weighed on the company’s massive stock portfolio. The Omaha, Neb.-based company, which owns businesses ranging from insurer Gei...
Top US Regulator Tells Banks to Police Crypto Companies Over Misleading Deposit Insurance Claims
The Federal Deposit Insurance Corporation (FDIC) is telling banks to keep an eye on crypto companies and any potential deceptive deposit insurance claims. In a new advisory note, the FDIC says it’s co...
U.S. Banking Regulators Order Voyager to Remove Misleading Insurance Statements – crypto.news
Amid the troubles surrounding cryptocurrency lender Voyager Digital, United States banking regulatory bodies have ordered the company to correct misleading statements suggesting that customers’ funds ...
Crypto company failures not covered by federal insurance, FDIC says
Federal Deposit Insurance Corporation (FDIC) protection does not apply to crypto company failures, according to a new fact sheet released by the agency on Friday. “Some crypto companies have misrepres...
U.S. banking regulator instructs banks to curb confusing crypto claims on deposit insurance
The United States banking regulator, Federal Deposit Insurance Corporation (FDIC), has issued a new advisory to banks in a bid to curb customer confusion regarding cryptocurrencies. In the advisory pu...
US Fed, FDIC accuse Voyager Digital of ‘false and misleading’ insurance claims
The US Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) issued a joint cease-and-desist letter to crypto firm Voyager Digital over past claims regarding depository insurance. The t...
Fed, FDIC Order Voyager to Stop ‘False and Misleading’ Insurance Claims
U.S. banking regulators from the Federal Reserve and Federal Deposit Insurance Corporation issued a cease and desist order to embattled crypto firm Voyager Digital on Thursday. The agencies accuse Voy...
US watchdogs order Voyager Digital to stop making misleading insurance claims
The U.S. Federal Reserve (FED) and Federal Deposit Insurance Corp (FDIC) have ordered Voyager Digital to desist from making false and misleading claims about its insurance status to customers. In a jo...
Embattled Crypto Brokerage Voyager Accused of False Insurance Claims by US Fed and FDIC
The US Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) are accusing crypto brokerage firm Voyager Digital of falsely representing its deposit insurance status. In a joint letter, ...
Fed Board, FDIC Order Voyager Digital to Retract Federal Deposit Insurance Claims – Regulation Bitcoin News
Following Voyager Digital’s application for bankruptcy protection during the first week of July, Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board today issued a joint letter ...
Voyager ordered by Fed to remove false FDIC insurance claims
Voyager Digital is a crypto lender that most investors will never forget. US banking authorities have ordered crypto firm Voyager Digital to cease and desist from making “false and misleading” claims....
FDIC Slaps Bankrupt Lender Voyager Over Deposit Insurance Claims
The US financial insurance watchdog has issued a cease and desist letter to Voyager Digital Voyager, a cryptocurrency lender, filed for Chapter 11 bankruptcy earlier this month It’s been 20 days since...
These Guys Sell Insurance Against Bear Markets
You can buy protection for a stock or bond portfolio. It won’t be cost-free. Spring 2020. Paul Kim, a middle-aged father of three, with a house in the suburbs and a dependable job at a Midwester...
Here’s what’s in, and out, of Democrats’ $739 billion inflation-fighting package
WASHINGTON — What started as a $4 trillion effort during President Joe Biden’s first months in office to rebuild America’s public infrastructure and family support systems has ended up a much slimmer,...
Abacus Life Partners With Blockcerts to Introduce Blockchain-Powered Insurance
Abacus Life Settlements, a buyer of life insurance policies in the United States, has teamed up with BlockCerts to introduce blockchain-enabled insurance and longevity-related assets. Jay Jackson, the...
Tampa Bay Buccaneers Make Smart Move, Sign Julio Jones As Insurance Policy
The addition of Julio Jones ensures Tom Brady will have no shortage of offensive weapons in 2022. … [+] (Photo by Cooper Neill/Getty Images) Getty Images The Tampa Bay Buccaneers are loading up ...
Opinion: Why the Inflation Reduction Act is a very big deal for Americans
NEW YORK—Senate Democrats’ compromise bill, the Inflation Reduction Act (IRA) of 2022, addresses not just inflation but also several key longstanding problems facing our economy and society. There is ...