A confluence of pressures is forcing many insurance companies to reinvent their traditional operating models. … READ MORE >
Businesses already strained by COVID-19 should prepare for hurricane season
Forecasters predict a 70% chance that this hurricane season will be worse than normal. For businesses already stretched thin by the coronavirus pandemic, the grim forecast comes at a perilous time. Sectors such as insurance, real estate, hospitality and health care are particularly vulnerable. … READ MORE >
Insurance industry girds for major impact from coronavirus
The coronavirus pandemic has turned everyday life upside down for nearly every American. Many schools have closed and in certain areas residents have been ordered to stay in their homes. As its impact is felt across the economy, the insurance industry will not be spared. … READ MORE >
Buzz on pot legislation fades as focus turns to vaping
In addition to shielding banks and credit unions, the Secure and Fair Enforcement Banking Act is also designed to make it easier for cannabis-related enterprises, like dispensaries and growers, as well as business that serve them, like law firms and real estate companies, to access the banking system with funds derived from cannabis products. … READ MORE >
Opportunities for insurers in a low yield bond environment
Lower yields on bonds, underscored by an inverted yield curve and 10-year rates below 2%, are cause for insurance companies to reevaluate their fixed-income investment positions. … READ MORE >