Financial
Coronavirus stimulus checks unlikely, but IRS may send you interest checks
People are anxiously waiting for the second stimulus checks. However, if the latest developments are anything to go by, there might not be another round of checks. People may or may not get another coronavirus stimulus check, but some taxpayers may get another check from the IRS, and it is the interest check. Q2 2020 […]
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Read MoreP&C reinsurance buyers expect to pay at least 5% more at 2021 renewals
According to a survey of property and casualty reinsurance buyers undertaken by rating agency Moody’s Investors Service, the consensus is that pricing will rise by at least 5% at the 2021 renewals, making their coverage more expensive. “P&C reinsurance buyers expect reinsurance prices to rise by at least 5 percent next year as the fallout…
Read MoreCrash Protection Kicks In For Tesla
A couple of weeks ago, I wrote that it was time to hedge Tesla Inc (NASDAQ:TSLA) again. In that piece, I included this video, showing that, although Tesla Inc was too expensive to hedge with puts by February, it wasn’t too expensive to hedge with an optimal collar. Crash Protection Kicks In For Tesla The […]
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Read MoreShould Investors Buy Shares Of Discount Brokers?
The COVID-19 pandemic ushered in a new group of individuals who traditionally stayed away from stocks. New traders and investors with minimal to no market experience started using retail stock brokers that offer free or very cheap services. Q2 2020 hedge fund letters, conferences and more This trend was not unique to the United States. […]
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Read MoreThe Importance of Li-ion Recycling and What Will Drive It?
Despite the impact of Covid-19, substantial volumes of Li-ion batteries will soon be reaching their end-of-life. A new IDTechEx report, “Li-ion Battery Recycling: 2020-2040” estimates that 2020 will see 330 kt of waste Li-ion battery. The majority of this will derive from consumer electronics. However, it is the sheer volume of end-of-life electric vehicle batteries […]
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Read MoreIRS to send reminders to 9M people yet to claim coronavirus stimulus checks
The IRS started sending out the first stimulus checks in April. Even after six months, millions of people have still not received the stimulus checks while millions have still to claim it. The IRS is working to address the issues for both groups of people. For the same, the agency on Tuesday said it will […]
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Read MoreILS capital could return to growth with second-half inflows: Schultz, Aon Securities
The insurance-linked securities (ILS) market may return to growth in terms of capital through the rest of 2020, thanks to new inflows being seen and expected, according to Paul Schultz, CEO of Aon Securities. Speaking today during the Aon Reinsurance Solutions virtual media briefing, a replacement for its annual event at the Monte Carlo Reinsurance…
Read MoreTremor takes reinsurance auctions completed to 15, raises $4m in funding
Tremor Technologies Inc., the technology-based programmatic risk transfer marketplace provider, has now completed an impressive 15 reinsurance auctions since its launch and has recently raised an additional $4 million in venture funding to facilitate further growth. In the most recent auction, working alongside reinsurance broker Willis Re, Tremor completed a programmatic placement of a workers’…
Read MoreFears of no coronavirus stimulus checks may prove true as GOP unveils Skinny bill
There have been reports for a while of the Senate Republicans working on a so-called skinny proposal for the stimulus package. On Tuesday, when the Senate officially reconvened after a month-long recess, the first thing they did was to introduce this slimmed-down proposal. As had been reported, this skinny GOP proposal did not include coronavirus […]
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