3 Things You Must Do to Sort Out Your Personal Finances

personal finances debt

Whether money is the be-all and end-all in your life or not, you cannot afford to shy away from your financial responsibilities. Failing to look after your savings and tend to your cashflow could land you in serious debt one day, which in turn, could have a detrimental impact on your stress levels and, ultimately, your health. If you would like to enjoy a happy and healthy lifestyle, you need to stay on top of your money. To find out what three things you must do to sort out your…

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How the Pandemic Will Change Our Lives for the Foreseeable Future

life insurance

Facing the uncertainty of life during the time of COVID-19 is incredibly taxing. From worrying about job security and the health and safety of loved ones, many are struggling to comprehend the long-term effects of this pandemic. Any plans for the future have seemingly been shelved as it has not yet been determined when things will go back to normal. If you are concerned about how the pandemic will change your life for the foreseeable future, take a few action steps now to ensure you are creating as much stability…

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Houston Rockets file COVID-19 lawsuit against its insurance company

Houston Rockets - NBA basketball on court

The NBA team has become the first to sue its insurer for denial of a business interruption claim. The Houston Rockets NBA team has filed a lawsuit against its insurer, Affiliated FM Insurance, for the denial of its coronavirus pandemic-related business interruption policy claim, said a Bloomberg Law report. The lawsuit involves the denial of a $400 million claim on the policy relating to losses from COVID-19. Houston Rockets owner, Tilman Fertitta’s company Rocket Ball and Clutch City Sports & Entertainment is the holding company for both the NBA team…

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After California Department of Insurance investigation Libre must face $5.5M settlement

California Department of Insurance - judge gavel

The company will also bring to an end its transaction of immigration bonds within the state. Following an investigation by the California Department of Insurance, Libre will be facing a $5.5 million settlement, will stop transacting immigration bonds within the state, phase out its GPS ankle monitor use, and will issue credits to the clients who remain in arrears. The firm must also provide $420 in individual cash credits to clients who are not in an owing position. Beyond that, the settlement resulting from the California Department of Insurance (CDI)…

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Financial Tips for Retirement Planning

tips for retirement

Money is a significant concern for many people both in the long and short-term. It can be hard to make ends meet and also prepare for a bright financial future even on an average salary, particularly if you have children too. You must be preparing for the future when you no longer have a salary, and it is the actions that you take now, which will help to prepare for your retirement. Retirement should be a period of your life free from stress where you can do what you want,…

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Six tasks to complete before buying a home

buy a home

Getting the keys to your own property is an exciting experience for us all, whether it’s your first home or your fifth. However, before you start thinking about paint colors and long-term renovation projects, you need to get prepared for the whole property purchase experience. Whether or not you have bought home before, there are certain tasks you need to carry out. Make sure you know what you may need to do next and check that these items are on your to-do list. Find out your credit score This will…

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National General to be acquired by Allstate for $4 billion

National General - Business Deal

The insurance giant is making the purchase to expand its auto reach and independent agent business. Insurance giant Allstate Corp announced this week that it will purchase National General Holdings Corp for about $4 billion. This will be a cash purchase, boosting the insurer’s auto insurance business just as the pandemic crisis has made that sector highly profitable. Auto insurance claims are way down due to the smaller amount of traffic on the roads. National General shareholders will be compensated with $32 per share in cash. They will also receive…

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