Insurance News: How AI is enabling the future workforce

The insurance industry continues to cope with an aging workforce and with the impacts of the Great Resignation. To fill the resource gaps, carriers are increasingly turning to collaborative robots, or cobots, to help train and retain younger workers.  In this Insurance News Analysis, we were delighted to welcome Matt Coughlin, Founder & CEO of … Read more

Allstate to Host Special Topic Investor Call on Investments Strategy | Allstate Newsroom

NORTHBROOK, Ill., Aug. 12, 2022 – The Allstate Corporation (NYSE: ALL) will host a conference call and webcast on Thursday, Sept. 1, 2022, focusing on Allstate’s investments strategy. This special investor event is in addition to quarterly earnings calls. The special topic calls provide deeper insights into significant strategic and operational topics and offer additional … Read more

Triple-I Blog | Piracy Incidents Decline, But Horizon Isn’t Clear

Maritime piracy in the first half of 2022 is at its lowest level since 1994, the International Maritime Bureau (IMB) says, with 58 incidents, down from 68 for the same period last year. Nevertheless, the organization cautions against complacency. For the full year 2020, IMB listed 195 actual and attempted attacks, up from 162 in … Read more

Is it safer to join an incumbent than an insurtech?

Given current challenges, Insurance Business asked insurtech stakeholders and experts to share their views on whether it could be better to join an established insurance business than an insurtech right now. Steven Mendel, ManyPets co-founder and group CEO (pictured immediately above): As the leader of a fast-growth insurance provider, I think we offer a more … Read more

Buying a New Car? Prepare for Over $10K in Yearly Ownership Costs – NerdWallet

The annual cost of owning and operating a new car ballooned nearly 11% in the past year to $10,728 — or $894 per month — according to AAA’s Your Driving Costs study. That represents a considerable hike from 2021, when it cost an estimated $9,666, or $805 per month, to own a new car. Costs … Read more

Why a Recession Could Help Homebuyers — Plus 5 Tips for Buying During a Downturn

The economy is in dire shape, many fear we’re already in a recession, and home prices are still sky-high. But none of that means you should automatically give up on your dreams of buying a home. Homebuyers are facing a tough market this year. Mortgage rates increased by more than 2 percentage points in the … Read more

Financial Independence Retire Early For Non-Frugal People

FIRE (or Financial Independence Retire Early) has been a growing theme over the last several years. This movement has been championed by bloggers such as Mr. Money Mustache, and typically focuses on spending less and saving more to achieve a target retirement number (or the amount of money a person needs to save to be … Read more

The North Face Women’s Jacket only $29.99 shipped (Reg. $100!)

Home » Deals » The North Face Women’s Jacket only $29.99 shipped (Reg. $100!) Published: by Gretchen on August 17, 2022  |  This post may contain affiliate links. Read my disclosure policy here. Whoa! This is such a GREAT deal for The North Face Jacket! Proozy has this The North Face Women’s Surprise Jacket for just $29.99 … Read more

Was Getting An ARM Before Inflation And Rates Went Up A Bad Move?

Given inflation and mortgage rates have gone up aggressively since August 2020, was getting an ARM back then a bad move? Maybe. But I’ll argue probably not. Let me reason why. One of the best things about running Financial Samurai is having readers criticize my financial beliefs and actions. So long as the criticism is … Read more