It was a rare source of consensus in a divided Congress: in September, the House of Representatives passed a bill designed to ease the flow of money to cannabis companies around the nation. By stripping away federal penalties on providing financial services to these businesses, the bill would go a long way to grease the financial gears of a budding ... READ MORE >
About David Mamane
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. Due to their higher reinvestment frequency, property and casualty, and health insurers, should be more reactive to lower yields in the short term. Life insurers, on the other hand, ... READ MORE >