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A host of developments promise to complicate this year’s run-up to April 15. Original Article Posted at : https://www.accountingtoday.com/opinion/tax-strategy-issues-for-the-2021-tax-filing-season
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Global reinsurance player Munich Re had some positive words for the insurance-linked securities (ILS) market, suggesting that alternative capital sources in reinsurance are presenting “disciplined” competition at this time. In the past, major reinsurers, such as Munich Re, have opted to colour alternative reinsurance capital sources, ILS funds and their investors as less disciplined when…
Read MoreToday’s mortgage and refinance rates Average mortgage rates nudged higher yet again yesterday. Of course, these rates remain exceptionally low by historical standards and are at dream levels for most. […] Original Article Posted at : https://themortgagereports.com/74674/mortgage-and-refinance-rates-today-february-25-2021
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Palomar Insurance Holdings, the speciality California-headquartered insurer that provides largely catastrophe exposed property products, has said that it expects its reinsurance program to respond to the losses it will face from winter storm Uri’s impacts in Texas. Texas was the state hardest hit by winter storm Uri’s freezing weather, with significant impacts to properties and…
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There is light at the end of the COVID-19 pandemic tunnel, but public trust in national and global public health institutions is at an all-time low. What happens if folks don’t want to travel to the light? As the pandemic drags on, the banality of persistent distancing measures and continued calls for social distancing are…
Read MoreThe most interesting tax news these days may be state efforts to tax digital advertising
Read MoreAn increase of the minimum wage to $15 could help today’s young workers when they finally claim Social Security benefits decades from now, while also increasing revenue for the Social Security program today. Such workers could see a benefit that is up to about $5,000 higher each year in retirement than they would receive based…
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Global insurance and reinsurance group AXA has reduced its exposure to peak U.S. natural catastrophe events at the January 2021 renewals, lowering its retention for major hurricanes and earthquakes by one-third and its aggregate tower retention by more than half. AXA and in particular AXA XL, the commercial property & casualty insurance and reinsurance arm…
Read MoreLender credits let the mortgage lender pay closing costs, while the borrower pays a higher interest rate. Find out if lender credits are worth it here. Original Article Posted at : https://themortgagereports.com/74662/lender-credits-for-mortgage-explained
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Property and casualty insurers in the United States are facing record levels of first-quarter catastrophe losses due to the severe winter weather associated with winter storm Uri, rating agency Fitch has said. Extensive property damage was seen during last week’s severe winter weather in Texas, Louisiana and other southern states of the U.S. Extreme cold…
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