Warren Buffett Says Tesla Achieving Full Self-Driving Would Be “Good For Society And Bad For Insurance Companies Volume” Berkshire Hathaway Inc. (NYSE:BRK) had its annual meeting earlier this month, and Warren Buffett continued to share his wealth of knowledge on the company, investing, and modern events. At one point, the legendary investor talked about leading […]
Nobody likes paying for homeowner insurance. That’s been especially true in Florida, where over the past few years, as more frequent storms and high litigation rates have doubled the cost of insurance for just about everyone who owns a home. It’s tempting for homeowners, particularly seniors on fixed incomes, to put off critical upgrades or […]
The San Bernardino Justice Center is shown. Two San Bernardino women said they lived in their home for over five years without heat because of a dispute with their insurance company. (Google Maps) Two San Bernardino sisters who sued their insurance company for failing to pay to repair flood damage on their home are now […]
Southwest Florida residents may get to keep their discount flood insurance rates after all, as discussions between local governments and FEMA revealed a series of “miscommunications.” In March, the federal agency informed five communities in Lee County, including the county itself, that their shoddy rebuilding practices after Hurricane Ian’s catastrophic hit in September 2023 meant […]
Often overlooked in this era where investors are seeking out fast returns, insurance companies just might offer you a decent path to millionaire status over time. Insurance is all about putting a price tag on risk, which makes it one of the most inflation-resilient business out there. After all, as costs go up, so do […]
The housing market has been brutal in recent years as prices keep rising. While high mortgage rates didn’t bring prices down, steep insurance costs could put a lid on further appreciation. “You can see in the course of even a year or two, prices begin to respond because people are very sensitive to this.” When […]
Florida’s real estate market is experiencing a surge in inventory levels, prompting sellers across the state to aggressively cut prices. A recent report from Redfin highlights a marked increase in properties for sale, particularly along the Gulf Coast, with some areas seeing inventory spikes of up to 50% compared to last year. The once-trendy North […]
A woman from Beavercreek was indicted on 36 counts including securities fraud and theft 65-year-old Beverly Ann Kirk of Beavercreek was indicted on 36 charges on April 24. She was taken into custody on April 30. Between 2019 and 2021, while working as an insurance agent, Kirk allegedly solicited three of her agency’s clients to […]
May 1—A Beavercreek insurance agent is facing dozens of charges after she reportedly convinced clients to invest at least $235,000 and then took the money for her peronal use. A Greene County grand jury indicted 65-year-old Beverly Ann Kirk on 36 counts of securities fraud, unlicensed securities activity, theft, theft from a person in a […]
(Reuters) -CVS Health Corp slashed its annual profit forecast and missed Wall Street estimates for first-quarter earnings on Wednesday, as elevated demand for non-urgent procedures increased medical costs at its health insurance business. The U.S. healthcare giant cut its per-share adjusted earnings forecast for 2024 to at least $7.00 from at least $8.30, adding it […]
Financial advisor and columnist Brandon Renfro My wife and I bought long-term care policies 25 years ago when they were relatively cheap. Now, our premiums have increased for the third time to over $500 per month and will rise again in six years. I figure I’ve already paid about $72,000 in premiums. Now, in our […]
A steady stream of water spilled from Lake Casitas Friday, a few days after officials declared the Ojai Valley reservoir had reached capacity for the first time in a quarter century. Just two years earlier, the drought-stressed reservoir, which provides drinking water for the Ojai Valley and parts of Ventura, had dropped under 30%. The Casitas Municipal Water District was […]