How To Attract Millennials and Z’ers Into The Construction

The construction industry is facing challenging times. The average age of workers in the construction industry is 42.5 years. This means that the construction workforce needs new blood within the next 20 years.  Original source: https://www.hrcloud.com/blog/how-to-attract-millennials-and-gen-zers-into-the-construction-industry

Bonds Suck! You Should Buy Whole Life Insurance Instead

Following up on the Ernst & Young piece about incorporating whole life insurance and annuities into a retirement plan, we noted that we generally agreed with the observation EY made about whole life insurance and annuities being good substitutes for bonds.  We’ve held this belief for a long time.  But we should quantify what makes […]

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 […]

Book Review: Die with Zero

On a recent visit to the local library I picked up a random book from the non-fiction display table, Die with Zero by Bill Perkins (affiliate link.) Interesting title. Within this book Mr. Perkins presents a life philosophy and a set of 9 rules to “get all you can from your money and your life.” […]

Does homeowners insurance cover termite damage?

Does homeowners insurance cover termite damage? Homeowners insurance usually doesn’t cover termite damage if it’s due to lack of maintenance. But in special circumstances, damage is covered.

Officials Probe If Ship Anchor Caused California Oil Spill as Cleanup Continues

More oil from a massive offshore spill landed on the southern California shore on Monday, with beaches closed and dead fish and birds washing up on shore as officials investigated whether a ship anchor striking a pipeline could have triggered … Original source: https://www.insurancejournal.com/news/west/2021/10/04/635337.htm

UN development arm launches disaster insurance programme – Reuters

UN development arm launches disaster insurance programme – Reuters The United Nations Development Programme has launched an initiative to help governments and the private sector in developing countries provide insurance for crises such as pandemics and natural catastrophes, it said on Monday. Read More…