Federal Flood Insurance Drains Taxpayers
By Stephen Anderson The US government’s National Flood Insurance Program (NFIP) is flush with debt. The NFIP owes the US Treasury roughly $25 billion. According…
Insurance
Mark Hauser Discusses Life Insurance Coverage Basics and Key Considerations
Mark Hauser, co-managing partner at Hauser Private Equity and experienced financial advisor, lends his insights about life insurance basics, resolving common misconceptions and providing advice…
Americans Abandon Home Insurance: An Ominous Sign In Era Of ‘Bidenomics’
By Tyler Durden In yet another ominous sign, consumers are being pushed to the financial brink, leading some to abandon homeowner insurance due to soaring…
Biden Admin Begs Employers To Pay For Health Insurance As 3.8 Million Americans Set To Lose Medicaid
By Tyler Durden With 3.8 million Americans set to lose pandemic-era Medicaid coverage, the Biden administration reached out to companies on Thursday to beg that…
Auto Insurers Hit By Worst Crisis In “30 Years,” Sends Premiums Skyrocketing
By Tyler Durden On the inflation front, consumers have a reason to celebrate, as prices for used cars saw a significant drop in June. However, there’s a…
State Farm Halts Home Insurance Sales In California
By Tyler Durden Faltering California took another economic hit on Friday, as America’s largest personal lines insurer said it would immediately stop selling new home…
These Are The US Banks With The Most Uninsured Deposits
By Tyler Durden Today, there is at least $7 trillion in uninsured bank deposits in America. This dollar value is roughly three times that of Apple’s market…
A Second Bank CLOSED by FDIC: Who’s Next and What Should We Do?
By Daisy Luther After Silicon Valley Bank had its deposits seized by the FDIC, on a Friday, as predicted, there’s a sense of unease across…
Yellen Says Government Will Help SVB Depositors But “No Bailout” As Fed, FDIC “Hope” Talk Of Special Vehicle Prevents More Bank Runs
By Tyler Durden With just hours left until futures open for trading late on Sunday afternoon, the situation remains extremely fluid; and for now it…
Non-profit Trains Former Prisoners, Others to Be Mechanics Using VR Goggles Despite Reported Risks, Liability Issues
By B.N. Frank Over the years, significant liability, health, privacy (see 1, 2), and safety risks have already been identified and reported numerous times regarding…
Higher Prices Expected: Black Sea Shipping Rates Skyrocket 20%
By Mac Slavo Shipping rates in the Black Sea have risen by 20% since the start of the year and mainstream media is blaming the…
Same Sh*t, Different Utility: Smart Meter Catches Fire, Utility Denies Homeowners’ Damage Claim
By B.N. Frank Opposition to utility “smart” meters (electric, gas, and water) is worldwide. Utilities encourage or sometimes force consumers to accept these dangerous devices…
Hurricane Ian To Unleash Up To $70 Billion In Losses, Insurance Market Devastation And Even Bigger Spike In Inflation
By Tyler Durden Just three weeks ago we observed how the 2022 Hurricane season had neared its halfway point without any hurricanes making landfall on…
Insurance Companies Offer Free or Discounted Fitness Trackers despite Inaccuracies, Injuries, Lawsuits, Recalls Associated with Them
By B.N. Frank Fitness trackers are extremely privacy invasive. Over the years, there have also been numerous problems reported about them, some of which have…