Lease Amendment Accounting Explained: Expansion of Leased Premises

1. Accounting for amendments resulting in additional assets under ASC 840 Example: Accounting for amendments resulting in obtaining additional asset(s) under ASC 840 2. Accounting for amendments resulting in additional assets under ASC 842 Example: Accounting for amendments resulting in obtaining additional asset under ASC 842 3. Summary 4. Related articles This article will discuss […]

7-Year-Old Girl, Mother Found Dead Inside Home In Alleged Murder-Suicide

A 7-year-old girl and her 46-year-old mother were found dead this week inside a Connecticut home in what has been ruled a murder-suicide, officials said. Authorities first discovered the body of Tracy Do inside her Westport home Thursday afternoon while responding to a report of an unresponsive woman, the Westport Police Department said in a press release. While searching the residence, investigators found a […]

Technophobia

  It’s happened; I have finally reached that stage of retirement where I believe it appropriate to declare myself a technophobe. It all came to a head yesterday after permitting my iPad… This is a summary only. Please visit my blog for the full story. Original source: http://aretirementblog.blogspot.com/2021/06/technophobia.html

BI resolution needed as SMEs suffer: AFCA

Australian Financial Complaints Authority CEO and Chief Ombudsman David Locke says it’s vital to gain resolution on business interruption disputes as soon as possible as continuing lockdowns affect businesses and some face the risk of failing…

Cost of Lightning-Caused Claims Soared Due to 2020’s U.S. Wildfires

By Loretta Worters, Vice President, Media Relations, Triple-I For the fourth consecutive year, the number of lightning-caused U.S. homeowners insurance claims decreased in 2020, even as the average value of those claims has more than doubled since 2017, according to Triple-I’s analysis of national insurance claims data.  Lightning-related homeowners insurance claim costs nationally rose dramatically […]

Tractable raises $60M at a $1B valuation to make damage appraisals using AI

Tractable raises $60M at a $1B valuation to make damage appraisals using AI As the insurance industry adjusts to life in the 21st century (heh), an AI startup that has built computer vision tools to enable remote damage appraisals is announcing a significant round of growth funding. Tractable, which works with automotive insurance co… Read […]

Why Life Insurance Is Not an Investment

Why Life Insurance Is Not an Investment Too many people end up with whole life insurance or variable life insurance who would be better off with a plain term insurance policy. Read More… LIFE INSURANCE FOR INVESTING Read More… Life insurance helps both Read More… Fidelity Selling Life Insurance Fidelity Investments has begun selling term […]