When Norm and Susan West bought long-term care insurance in 1998, Susan had just turned 50, Norm was 51, and it seemed like a good idea to plan ahead for how they would pay for potential nursing care.
If there’s something that everyone wants to know about car insurance, it’s how much it costs.
There isn’t a universal formula. The amount you’ll pay for car insurance is affected by a number of very different factors, from the type of coverage you want to your driving record to where you live. And every company has different parameters to determine how much you’ll pay for your auto policy.
With so many options available and the potential to save money by comparison shopping and leveraging discounts making any impulsive decisions on your auto policy can be expensive.
Insurers ‘Coming Together’ To Tackle Diversity And Inclusion Goals
The insurance industry faced a racial reckoning of sorts following the May 25 death of George Floyd at the hands of Minneapolis police.
The Black Lives Matter movement was growing and clashes with police were becoming weekly news items. Following Floyd s death, mass protests erupted across the nation. Big insurers, with an unfortunate racial history of their own, could have laid low and avoided the simmering controversy.
Instead, leading insurance CEOs released an extraordinary statement of support for the Black community. It read, in part:
“We stand committed to sustained partnership in the community to drive solutions to address systemic inequality. And we stand committed to fostering diversity and inclusion for our employees and the workforce.”
Feb 24, 2021
In OPPOSITION to H 2043, “Relating to information permitted for insurer’s decisions concerning motor vehicle liability insurance; prescribing an effective date.”
Chairman and members of the committee,
My name is Marc Hyden, and I am the director of state government affairs for the R Street Institute, which is a nonprofit, nonpartisan, public policy research organization. Our mission is to engage in policy research and outreach to promote free markets and limited, effective government in many areas, including the regulation of property and casualty insurance. That is why H 2043 is of special interest to us.
H 2043 aims to prohibit the use of credit history to determine “eligibility, premiums or rates for a motor vehicle liability insurance policy.” However, as part of our work since we opened our doors, we have supported the use of credit scoring and a variety of other non-claims-related variables as major contributors to better, lower and fairer insurance r
(1)
Kroll Bond Rating Agency UK Limited (KBRA) assigns preliminary ratings to five classes of notes to be issued by RRE 1 Loan Management DAC, a cash flow collateralised loan obligation (CLO) backed primarily by a diversified portfolio of Euro-denominated corporate loans and bonds.
RRE 1 Loan Management DAC is managed by Redding Ridge Asset Management (UK) LLP ( RRAM UK or the collateral manager ). The CLO originally closed in April 2019. This transaction will reset the terms of the CLO, including the stated maturity, non-call period, reinvestment period, note interest rates and notional balances. Proceeds from the issuance of the new CLO notes will be used to redeem the outstanding notes in full and to purchase new assets (€150 million upsize). The CLO will have a 4.0-year reinvestment period and a 14.0-year legal final. The ratings reflect initial credit enhancement levels, coverage tests including par value and interest coverage tests, excess spread, and a reinvestment over