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Liz Weston: When good money advice is bad for you

November 21, 2017

One size does not fit all when it comes to financial advice. Good advice for families with robust incomes can backfire for average folks.

Most Americans Don’t Have LTCi, Believe It’s Too Expensive

November 21, 2017

–Three-quarters of Americans— 75%— say they don’t currently have long-term care insurance, and more than half of those who don’t say it’s too expensive. Furthermore, among those who do not have LTC insurance, nearly half— 49%— of Americans with annual household income of $75,000 or more cited it being too expensive as a reason they don’t have LTC insurance.

As Congress Stalls on Children’s Health Insurance, States Warn of Cuts

November 21, 2017

That year, Congress took until April to approve the funding. It was the closest Congress had ever come to the program’s reauthorization deadline. Fast forward to 2017, and the program has been expired for almost two months since Congress let the deadline pass on Sept. 30.

Ivanka Trump To Promote Female Entrepreneurship In India

November 21, 2017

Ivanka Trump says she looks forward to promoting female entrepreneurship at a conference in India next week. Speaking to reporters Tuesday, the first daughter and senior White House adviser discussed her plans to attend the Global Entrepreneurship Summit in Hyderabad. The event _ co-hosted by the United States and India _ runs from Nov. 28-30 and will also be attended by Indian Prime Minister Narendra Modi.

Medtronic profit fell 7 percent after natural disasters affected plants in Puerto Rico, California

November 21, 2017

Nov. 21– Severe hurricanes and wildfires pushed medical-device maker Medtronic’s revenue and profits down last quarter, but the results it released Tuesday morning were still better than investors expected. That was nearly a 7 percent decline from the same quarter last year, but the result was not surprising because Medtronic announced preliminary figures…

Finding Advantageous Comprehensive Auto Insurance With Online Quotes

November 21, 2017

LOS ANGELES, Nov. 21, 2017/ PRNewswire-iReach/– Lowcostcarinsuranceprice.com has released a new blog post explaining how to find advantageous comprehensive auto insurance. Liability and collision auto insurance will not cover damages caused by “acts of God”. Acts of God are a category of things that are out of the insured’s control.

Raymond James & Associates SVP Lisa Detanna on Charitable Giving to Maximize Your Tax Benefits

November 21, 2017

As published in The Beverly Hills Courier, Nov. 17, 2017:. The process of estate planning when it involves a gifting strategy is to give what you want, to whom you want, when you want, and how you want and if possible save on taxes and expenses. Financial planners and investment advisors help families develop an estate plan with the client’ s trusted accountant and…

More Home Repair Funds Coming for Hurricane Matthew Survivors, Gov. Cooper Announces

November 21, 2017

Roy Cooper, D- North Carolina, issued the following news release:. Hurricane Matthew Housing Recovery Application Centers will open in the four most severely impacted counties- Cumberland, Edgecombe, Robeson and Wayne- beginning November 30. State officials urge residents in Cumberland, Edgecombe, Robeson and Wayne counties to apply as soon as application…

Rep. Collins Announces SBA Disaster Assistance Available to New York Private Nonprofit Organizations Affected by Flooding

November 21, 2017

Chris Collins, R- New York, issued the following news release:. Congressman Chris Collins today announced that the Small Business Administration has made low-interest rate disaster loans available for certain Private Nonprofit Organizations in Niagara and Orleans counties as a result of damages caused by Lake Ontario flooding. The loans, authorized…

XL Group Ltd Announces Appointment of James E. Nevels to Board Of Directors

November 21, 2017

Mr. Nevels has extensive financial services and board experience, including as Chairman of The Swarthmore Group, an investment advisor firm he founded in 1991, and as Chairman and Lead Independent Director of The Hershey Company. In addition, Mr. Nevels is currently a member of the Board of Trustees of PGA REACH, member of the Board of Trustees of Trout Unlimited…

ICYMI: Senator Collins Discusses Tax Reform on CNN’s “State of the Union”

November 21, 2017

U.S. Senator Susan Collins appeared on CNN’s “State of the Union” today with host Jake Tapper to discuss tax reform, Senator Al Franken, and Roy Moore. You’ve urged Moore to withdrawal from the race, but you also said that if he wins, the Senate would have, quote, no choice but to seat him. I do wonder, though, if Moore is elected, I understand he would have to be seated, but would…

Sen. Hassan, Congresswoman Kuster, Mayor Donchess Highlight How Republican Tax Bill Leaves Middle Class Families Behind

November 21, 2017

Maggie Hassan, D- New Hampshire, issued the following news release:. “We need tax reform that helps middle class families and small businesses, but Senate Republicans are focused on an approach that favors corporate special interests and the wealthiest few,” Senator Maggie Hassan said. As a city with a high density of historic buildings, this would seriously…

Unlicensed contractor admits to numerous charges

November 21, 2017

Nov. 21– BEVERLY– An unlicensed home improvement contractor whose victims include an octogenarian Beverly woman whose home was left in ruins, and his own brother, pleaded guilty to 42 charges against him Monday. The man on the witness stand in Salem Superior Court Monday was a far cry from the effusive salesman described by the Beverly woman, who recalled in a 2015…

XL Catlin Appoints Max Broodryk As Product Leader, Cyber Risk, International Financial Lines for Asia Pacific

November 21, 2017

XL Catlin’s insurance operations today announced the appointment of Max Broodryk as Product Leader of Cyber Risk, International Financial Lines for Asia Pacific, based in Sydney. In this role, Mr. Broodryk will be responsible for underwriting management and development of the Cyber& Data Protection line of business within Asia Pacific.

Sen. Menendez Urges NJans to Sign Up for Health Care Coverage During ACA Open Enrollment

November 21, 2017

U.S. Senator Bob Menendez a senior member of the Senate Finance Committee that sets national health policy, today visited a local Federally Qualified Health Center to encourage New Jerseyans to sign up for health care coverage under the Affordable Care Act during the current open enrollment period that ends on Dec. 15, 2017. The senator, who has long championed…

Sen. Carper Issues Statement on Republican Tax Bill

November 21, 2017

Thomas Carper, D- Delaware, issued the following statement after Republicans on the committee approved legislation to remake our entire economy and begin dismantling the Affordable Care Act:. “This evening, Republicans on the Senate Finance Committee approved a bill to repeal a critical part of the Affordable Care Act, and blow a hole of at least $1.5 trillion in…

Rep. Graves Issues Statement on Supplemental Disaster Request

November 21, 2017

Garret Graves, R- Louisiana, issued the following statement on the White House’s request for supplemental disaster appropriations:. “After countless meetings with White House, HUD, FEMA and Congressional leaders since August 2016, I am encouraged by the Trump Administration’s proposal to use CDBG funds for flood mitigation and other funds for school…

Huawei Helps China Insurance Giant CPIC Leads in the Digital Era

November 21, 2017

–Similar to the many garages where important technology companies have started, a London cafe may be considered as the cradle of the modern insurance industry. Lloyd’s Coffee House, near the River Thames, was a gathering place for mariners, merchants, and ship owners to discuss matters of interest to the community, including ship brokering, foreign trade, and the…

Mercury Insurance Expands Automated Servicing with IVANS

November 21, 2017

IVANS, a division of Applied Systems, today announced that Mercury Insurance has expanded its relationship with IVANS to further automate the exchange of insurance information to its growing network of agency partners. Leveraging eDocs and Messages download, Mercury Insurance will automate the exchange of policy-related documents and communications…

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