Double

California Bill Would Require Insurer Claims Handling Plans, And Double Penalties

Auto Insurance /
California Bill Would Require Insurer Claims Handling Plans, And Double Penalties

A bill that promises legislative reform in California to speed up disaster recovery for homeowners and renters through improved insurance coverage and expanded consumer protections was introduced on the anniversary of the Los Angeles wildfires. The Disaster Recovery Reform Act, Senate Bill 876, would also require a disaster recovery plan from insurers for handling claims […]

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‘Shadow Banking’ Growing at Double the Rate of Traditional Lenders, FSB Says

Life Insurance /
‘Shadow Banking’ Growing at Double the Rate of Traditional Lenders, FSB Says

The non-bank financial sector’s share of global assets grew to 51%, or $256.8 trillion, last year and expanded at double the rate of the traditional banking industry, the Financial Stability Board said on Tuesday. Non-bank financial intermediaries involved in what is commonly referred to as the “shadow banking” sector include money market funds, hedge funds,

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Zero Commitment To Lock In 4.50% APY? It’s a Rare Double Win for Savers

Personal Finance /
Zero Commitment To Lock In 4.50% APY? It's a Rare Double Win for Savers

Key Takeaways Hyperion Bank’s Exclusive Money Market is guaranteeing 4.50% APY for six months—letting you lock in a top rate yet withdraw when you like. That rate guarantee matters, since likely Fed cuts are expected to push savings and money market yields lower in the months ahead. Hyperion’s offer beats even the best CDs by

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Merrill Wealth Aims to Double Growth In Several Years

Real Estate Buying & Selling /
Merrill Wealth Aims to Double Growth In Several Years

Merrill Wealth Management plans to double its organic growth rate in the next several years, with Merrill Co-Head Eric Schimpf arguing the firm has the “power and scale to be outpacing the industry” during Bank of America’s Investor Day. According to Bloomberg, today’s Investor Day in Boston is Bank of America’s first in nearly 15

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Medical Costs Double in California Comp Claims Associated With Functional Restoration Programs

Auto Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Claims associated with functional restoration programs in California’s workers’ compensation system averaged $234,003 total, 59% higher than matched non-FRP claims, a new study shows. A study from the California Workers’ Compensation Institute out this week examines FRPs, multidisciplinary treatments aimed at injured workers with chronic pain who have not improved with conventional therapies. The study

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This Billionaire’s Biggest Holding Is Up 80% Since April…and He Just Bought More. Could It Double From Here?

Personal Finance /
This Billionaire's Biggest Holding Is Up 80% Since April...and He Just Bought More. Could It Double From Here?

This market-crushing stock is primed for further gains. You know a billionaire investor must be good when other billionaire investors compliment him, and Stephen Mandel has been called “probably the greatest analyst of all time” by fellow billionaire hedge fund founder Julian Robertson. Mandel’s Lone Pine Capital has more than $14 billion under management, and

This Billionaire’s Biggest Holding Is Up 80% Since April…and He Just Bought More. Could It Double From Here? Read More »

Mercer Advisors Adds $850M in Double Deal

Real Estate Buying & Selling /
Mercer Advisors Adds $850M in Double Deal

Mercer Global Advisors, one of the nation’s largest and most acquisitive registered investment advisors with $81 billion in assets, has acquired two RIA firms, one with a footprint in Idaho and California and a tax-focused firm based in Central Oregon. West Oak Capital, an Eagle, Idaho-headquartered firm, brings about $500 million in client assets across

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Is the Vanguard S&P 500 ETF the Simplest Way to Double Up on “Ten Titans” Growth Stocks?

Investment Tips /
Is the Vanguard S&P 500 ETF the Simplest Way to Double Up on "Ten Titans" Growth Stocks?

The Ten Titans have rewarded S&P 500 investors, but they came with higher potential risk and volatility. The largest growth-focused U.S. companies by market cap are Nvidia (NVDA 1.65%), Microsoft (MSFT 0.56%), Apple (AAPL 1.21%), Amazon (AMZN 3.12%), Alphabet (GOOG 2.98%) (GOOGL 3.10%), Meta Platforms (META 2.04%), Broadcom (AVGO 1.48%), Tesla (TSLA 6.18%), Oracle (ORCL

Is the Vanguard S&P 500 ETF the Simplest Way to Double Up on “Ten Titans” Growth Stocks? Read More »