More than financial advisors

How Sun Life’s advisors commit to being lifetime partners of clients Nowadays, Filipinos are becoming more aware of the value of finances not only for life’s celebrations but also for its various challenges. For Filipinos seeking guidance to keep up their finances throughout every life stage, they can find a financial advisor who will be […]

If you have an oil spill, are you covered by insurance? You should be!

Encharter InsuranceEncharter Insurance – Caring and Convenient Insurance Have you ever thought what you’d do if you had an oil spill from your furnace and how you’d pay for it?  State records show that there are 120 heating oil spills per year across Massachusetts and they can be costly! Yet only 48,000 homes out of […]

Interest Rates under ASC 842 Explained: Implicit, Incremental Borrowing, Risk-Free

1. Interest rates under ASC 842 2. Implicit rate Application of the implicit rate 3. Incremental borrowing rate (IBR) Application of the incremental borrowing rate 4. Risk-free rate Expedient option Application of the risk-free-rate Proposed FASB amendment 5. Summary 6. Related articles Interest rates under ASC 842 The Financial Accounting Standards Board (FASB) issued ASC […]

End of Summer

     Many people our age, who no longer need to keep to a work or school schedule, have found that September is the best month to go on vacation. Don’t you agree? Summer crowds are gone, but shops and restaurants remain open. The weather is still pleasantly warm — no longer stifling hot, but […]

Allstate Closes Sale of New York Life and Annuity Businesses

NORTHBROOK, Ill., Oct. 1, 2021 – The Allstate Corporation (NYSE: ALL) today announced that it has obtained all required regulatory approvals and closed the sale… The post Allstate Closes Sale of New York Life and Annuity Businesses appeared first on Allstate Newsroom.

Houston Man Sentenced for $1.8M Insurance Fraud Scheme; Must Repay $1.8M

A Houston businessman has been sentenced to prison for an insurance fraud scheme and ordered to pay more than $1.8 million in restitution, federal officials say. According to Acting U.S. Attorney Nicholas J. Ganjei for the Eastern District of Texas, … Original source: https://www.insurancejournal.com/news/southcentral/2021/10/01/634866.htm