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Anyone diagnosed with high blood pressure knows the standard advice: Lose weight, exercise more, change your diet. But it’s likely that relatively few people have heard another suggestion: Make sure you’re treating your aldosteronism. It turns out that this condition — which results when the adrenal glands produce too much of the hormone aldosterone —…
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It is time for the world to act on climate change as it will play an increasing role in disaster losses, Torsten Jeworrek of reinsurance company Munich Re warned today. Munich Re reported today that the global insurance and reinsurance industry faced some $82 billion of natural disaster losses in 2020, up significantly on the…
Read MoreA hospital stay — for you or a loved one — is often a stressful time. The last thing you need is confusion about how much your care will cost. A new federal regulation that went into effect on Jan. 1 aims to bring clarity to the pricing process. The regulation, or rule, requires all…
Read MoreSocial Security benefits are crucial to the finances of most retirees, with some seniors relying on benefits for at least 90% of their income. At the same time, determining when to claim Social Security benefits is one of the most complicated retirement decisions. That’s why we started our “Social Security Q&A” series, which brings you…
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The “hardening” of the reinsurance market is expected to be limited to just this year, unless the industry faces losses above expectations throughout the rest of 2021, equity analysts at Barclays said this morning. The analysts point to a “loss of price momentum” in January 2021, compared to the April, June and July 2020 renewals,…
Read MoreThis story originally appeared on Roofstock. While homeownership has been on the rise since 2016, and early data suggests it could be surging during the spread of COVID-19, the national homeownership rate remains below peak levels and out of reach for many Americans. Prior to the pandemic, approximately 36% of households in the U.S. were…
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AbsoluteClimo, a climate and weather modeling, forecasting and risk management firm based in Hawaii, has teamed up with AKR Zell, a Singapore-based actuarial consultancy, with the collaboration set to deliver climate-driven risk services to the insurance, reinsurance and insurance-linked securities (ILS) sectors. The pair have spotted an opportunity to fill gaps where standardised industry tools…
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“I am thankful to you SARS-CoV-2 virus as you allowed me to be human again, to make mistakes, and learn from them. You taught me to slow down so that I could reset and redefine my goals. You allowed me to have time for myself, to dream again, and plan my future. You pushed me…
Read MoreThe U.S. Department of Labor issued a final rule Wednesday to clarify the standard for determining whether a worker should be considered an employee or an independent contractor. Original Article Posted at : https://www.accountingtoday.com/news/labor-department-finalizes-rule-on-employee-vs-independent-contractor-status
Read MoreThe Internal Revenue Service and the Treasury Department released final regulations Wednesday on how businesses can claim a tax credit for use of carbon capture equipment to help the environment. Original Article Posted at : https://www.accountingtoday.com/news/irs-finalizes-rules-for-claiming-carbon-capture-tax-credits
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