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My seven-year-old son’s soccer club motto was “Audentes Fortuna Juvat,” which translates as “fortune favors the bold.” Many years later, I discovered that this concisely stated philosophy is adhered to by the Trumbull College at Yale University, several U.S. Navy ships, and the 80th TAC Fighter Squadron, among others. In reflecting on my own path…
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The pandemic has been hard on families. There has been so much loss, so much hardship, so much stress, and so much change. What makes it even harder is that there is so much uncertainty about when and how it will end; our lives, and the lives of our children, are going to be disrupted…
Read MoreWhen trying to figure out where to retire, one consideration is how much of your income will be taxed. Depending on where you choose to live, you might get a state tax credit or deduction on some of your retirement income. Or, you might avoid state taxes on your retirement income entirely. In fact, the…
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The California Earthquake Authority (CEA) has elected to significantly upsize its latest catastrophe bond issue we can report, with its new Ursa Re II Ltd. (Series 2020-1) transaction now priced at $775 million in size, more than three times the initial amount of notes offered to investors. The CEA returned to the catastrophe bond market…
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The Government of Jamaica will continue to work alongside the World Bank and other multi-lateral groups to increase its disaster insurance protection this year, even though its priority is a swift economic recovery after the Covid-19 pandemic. Jamaica had been planning a catastrophe bond issuance for this year, to enhance its disaster insurance arrangements. The…
Read MoreThis story originally appeared on NewRetirement. No one is born understanding how Medicare works. And just because friends or family have navigated the system well doesn’t mean you won’t hit a snag. A solid retirement plan includes a good working knowledge of what to expect from Medicare. Because the more you know now, the less…
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Hurricane Delta has intensified overnight as expected reaching 120 mph Category 3 sustained winds as it tracks towards the northern Gulf Coast, with southwestern Louisiana expected to see damaging hurricane force winds and a life threatening storm surge on landfall. Hurricane Delta weakened after passing across Mexico’s Yucatan Peninsula where damage was seen to be…
Read MoreThis story originally appeared on Porch. The U.S. solar industry has grown significantly in the last decade as solar power has become more affordable, efficient and accessible. Since 2014, the cost of solar photovoltaic (PV) panels has dropped by almost 50%. The U.S. now has over 2 million solar PV installations, which produce enough electricity…
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Wildfires burning across the United States, tropical storms and hurricanes, and monsoonal rainfall have all driven billions of losses across the globe in September 2020, according to Aon’s Impact Forecasting. The catastrophe risk analysis and forecasting unit of the insurance and reinsurance broker highlights the high levels of economic impacts seen during the month, with…
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