What you should be doing to protect yourself from data theft

NLG data recovery Natural language generation

It’s no longer a matter of “if” but “when” your company is going to suffer data theft. It happens to so many, be they a single person, a small company, or even an enterprise-level business. According to Security.org, there were more than 3,800 publicly disclosed security breaches during the first two quarters of 2019. Those […]

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Coronavirus stimulus checks: $1.5T package rejected by Democrats. What now?

coronavirus stimulus checks rejected coronavirus stimulus checks NC

Earlier this week, there was some excitement among Americans waiting for the next stimulus checks. A bipartisan group introduced a $1.5 trillion relief package, which included coronavirus stimulus checks of $1,200. Many expected this bill to gain approval from both Democrats and Republicans. But, there are reports that Democrats rejected this bill, which included coronavirus […]

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Hurricane Sally losses preliminarily estimated at $1.5bn to $3.9bn by AIR

According to our industry sources, a preliminary estimate of insurance and reinsurance market losses from hurricane Sally has been pegged at between $1.5 billion and $3.9 billion by catastrophe risk modeller AIR Worldwide. This is not an official, publicly announced industry loss estimate from AIR, we understand, with that expected to be released over the…

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Secretary Elaine Chao Still Being Paid From Wells Fargo

Elaine Chao update stimulus check 2

Secretary Elaine Chao’s Financial Disclosures Show She’s Still Being Paid From Her Time At Scandal-Plagued Wells Fargo Q2 2020 hedge fund letters, conferences and more Elaine Chao’s Continued Financial Arrangement With Wells Fargo WASHINGTON, D.C. – The latest Public Financial Disclosure report from Trump Transportation Secretary Elaine Chao shows a continuing financial arrangement with her former employer, scandal-plagued Wells Fargo, allowing her to […]

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Trump urges GOP to consider a package with Coronavirus stimulus checks

Coronavirus, stimulus checks, trump, Republicans

In an attempt to break the ongoing stalemate over the next relief package, President Donald Trump has urged the Republicans to consider a bigger package. Trump wants Republicans, who last week introduced a package costing about $500, to embrace a bigger package that includes coronavirus stimulus checks. Q2 2020 hedge fund letters, conferences and more […]

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ILS fund subrogation benefits from PG&E may take a year to flow

While Pacific Gas and Electricity (PG&E), the wildfire stricken Californian electrical utility, made its $11 billion of subrogation payments in July, the benefits for insurance-linked securities (ILS) funds are expected to take as long as a year to be fully accounted for in the valuation of their exposed ILS and reinsurance assets. Part of the…

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Dividend Income Summary: Bert’s August 2020 Summary

August marked a huge month on our journey towards financial freedom. We crossed a major dividend milestone. I wrote about how we crossed $12,000 in annual dividend income and now earn an average of over $1,000 per month in dividend income.  Even without the milestone, August was very exciting. As usual, I”m going to show…

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Nephila backed White Bear (Blenheim) raises £80m from Alchemy Partners

White Bear Capital, the holding company of Blenheim Underwriting and a Lloyd’s focused insurance and reinsurance underwriting operation that counts ILS specialist Nephila Capital as a key strategic investor, has added £80 million more in funding from special situations focused investment house Alchemy Partners. White Bear Capital intends to continue to pursue a third-party capital…

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Hurricane Sally industry loss said in the low billions, ILS impact said slight

Hurricane Sally’s late intensification before landfall yesterday is expected to mean that overall private insurance and reinsurance market losses from the storm reach into the low billions, with any impact to ILS positions expected to be minimal. Photo by: Tony Giberson, Pensacola News Journal As we explained just prior to hurricane Sally’s landfall yesterday, the…

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