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10 months ago

Farm, health insurance share some basic economics - Bismarck Tribune

One feature of todays insurance business is the large lines of insurance that hang almost entirely on a government mandate or subsidy. Regardless of whether these subsectors are profitable, an act of Congress created the business and another act can destroy it.

Recently, Cargill and other ag-related businesses, such as Monsanto and John Deere and financial giant Wells Fargo, have sold their crop insurance subsidiaries. Apparently, all have decided that such insurance is an overly competitive, low-margin business that does not fit well within their core activities.

Farming is inherently a risky business. Weather risks, such as drought, hail and frost, have large effects on yield

10 months ago

Agents Raid Former Insurance Magnate's Offices - Wall Street Journal

By Mark Maremont and Leslie Scism Updated Feb. 4, 2016 4:35 p.m. ET

Federal investigators recently searched the Manhattan offices of an investment firm once headed by young insurance magnate Alexander Chatfield Burns, whose empire collapsed in 2014 amid allegations that millions of dollars had been siphoned off into unusual or nonexistent investments.

The Jan. 14 raid by federal agents, confirmed by people familiar with the events, appears to be the first indication of an active criminal investigation into Mr. Burnss insurance dealings.

About a dozen fede

1 year ago

What You Need To Know About Personal Finance

In today's world financial goals are important. Whether saving for a car, home or even college tuition for your kids, you need a solid plan to hit those goals. Advice can be the best thing for building your foundation for a plan or impacting the plan you already have set forth. Read ahead and find some help that can make the difference you need.

You should know that there is a statute of limitations for collecting on debts if some of your debts are in collection. To find out what the statue of limitations for old debt in your state is before paying any money on old debt.

When you go to the bank or a mortgage broker and you get pre-approved for a loan you should subtract 20 pe

1 year ago

Have More Money Left At Month-End With These Personal Finance Tips

If you find yourself in a mountain of debt, it can seem like you will never be able to dig yourself out. Start creating strict budgets and shopping lists that will help you stay on track with your income. Read this article for more tips on managing your personal finances.

You should know that there is a statute of limitations for collecting on debts if some of your debts are in collection. To find out what the statue of limitations for old debt in your state is before paying any money on old debt.



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