Tuesday, December 21, 2010
TD Bank to Buy Chrysler Financial
Bloomberg, Sean B. Pasternak, 22 December 2010Toronto-Dominion Bank may continue to make acquisitions in the U.S. after increasing its bet there with the $6.3 billion purchase of Chrysler Financial Corp., capping a record quarter for U.S. takeovers by Canadian lenders.Toronto-Dominion’s bid for the auto-finance company “doesn’t really alter” the Toronto-based bank’s appetite for smaller
Friday, December 17, 2010
BMO to Buy Marshall & Ilsley
The Wall Street Journal, David Reilly, 18 December 2010Bank of Montreal's acquisition of Marshall & Isley may signal the start of a hoped-for wave of regional bank consolidation. But others shouldn't follow its lead when it comes to price.BMO is buying M&I for $4.1 billion, equivalent to a 33% premium over the prior day's close for a bank hit hard by the financial crisis. M&I has yet to pay back
Wednesday, December 15, 2010
Cricket - 3rd Test Australia vs England
4 units on the draw @ $3.90 (betfair)
Frankly, both attacks look pretty poor and I have strong question marks whether either side is capable of taking 20 wickets in a match. Australia's in particular looks very pedestrian. Perth is not the fast bowlers paradise it used to be and there are usually plenty of runs to be scored here. Will probably trade this during the match.
4 units on Chris Tremlett to score more than 75.5 points @ $1.90 (sportsbet)
Points : 1 pt per run, 10 pts per catch, 20 pts per wicket
May well get a bit of bowling here with Anderson just back from the UK and Finn slightly leg weary. Is more than handy with the bat and this seems like a good value bet to me
Frankly, both attacks look pretty poor and I have strong question marks whether either side is capable of taking 20 wickets in a match. Australia's in particular looks very pedestrian. Perth is not the fast bowlers paradise it used to be and there are usually plenty of runs to be scored here. Will probably trade this during the match.
4 units on Chris Tremlett to score more than 75.5 points @ $1.90 (sportsbet)
Points : 1 pt per run, 10 pts per catch, 20 pts per wicket
May well get a bit of bowling here with Anderson just back from the UK and Finn slightly leg weary. Is more than handy with the bat and this seems like a good value bet to me
Wednesday, December 8, 2010
Tiger's putting
I see the mainstream golf press has just caught on to what I alluded to months ago.
http://www.pgatour.com/2010/r/12/08/awtrey-woods-putter/index.html
http://mypuntingblog.blogspot.com/2010/08/problem-with-tiger.html
I actually thought he was just starting to get his flat stick sorted again prior to his Australian trip but it seems as if those greens at Victoria GC have really sapped his confidence again. And he wouldn't be the first one !!!!!
http://www.pgatour.com/2010/r/12/08/awtrey-woods-putter/index.html
http://mypuntingblog.blogspot.com/2010/08/problem-with-tiger.html
I actually thought he was just starting to get his flat stick sorted again prior to his Australian trip but it seems as if those greens at Victoria GC have really sapped his confidence again. And he wouldn't be the first one !!!!!
Golf - Australian PGA
Nick O'Hern to finish top 25, 5 units @ $2.00 (Sportingbet)
Hardly my favourite golfer in the world but excels at this course and in this tournalment. Another weak field and with 21 consecutive top 25s in Australia, I'm happy to cop the evens that he will make it 22.
Top 25 never in doubt.
Hardly my favourite golfer in the world but excels at this course and in this tournalment. Another weak field and with 21 consecutive top 25s in Australia, I'm happy to cop the evens that he will make it 22.
Top 25 never in doubt.
Monday, December 6, 2010
RBC Q4 2010 Earnings
Scotia Capital, 6 December 2010• RY cash operating EPS declined 20% YOY to $0.84, significantly below expectations due to weak Wholesale and International Banking results. Operating ROE: 13.5%, RRWA: 1.85%, Tier 1 Capital: 13.0%.Implications• Reported cash EPS was $0.76 per share including a $116M after-tax or $0.08 per share loss on the announced sale of Liberty Life.• Fiscal 2010 operating EPS
Friday, December 3, 2010
TD Bank Q4 2010 Earnings
Scotia Capital, 2 December 2010TD Q4/10 Earnings Miss - Higher Expenses• TD operating EPS declined 5% to $1.38, below expectations, due to lower-than-expected earnings from Canadian P&C (TDCT) as a result of high operating expenses including non-recurring items.Implications• TD recorded strong retail earnings with TDCT earnings up 24% YOY and U.S. P&C up 34%, which were offset by Wealth
CIBC Q4 2010 Earnings
TD Securities, 3 December 2010Q4/10: Another Good Quarter; See More Upside in RetailYesterday before the open, the bank reported Core Cash FD-EPS of C$1.68 versus TD Newcrest at C$1.57 and Consensus at C$1.63.ImpactPositive. The bank reported better than expected numbers on the back of good Retail and good Credit; earning through some weakness in Wholesale and elevated expenses. We are very
Wednesday, December 1, 2010
National Bank Q4 2010 Earnings
Scotia Capital, 2 December 2010Q4/10 Strong Earnings - 6.5% Dividend Increase• NA reported a 17% increase in operating EPS to $1.63 in line with our estimate but above consensus of $1.57. NA announced a 6.5% annual dividend increase to $2.64, slightly below our 10% increase estimate.Implications• Earnings were driven by strong retail earnings, which increased 34% YOY and Wealth Management, which
Golf - Australian Open
Adam Scott - 2 units to win @ $7 (Sportingbet)
Bobby Gates, 1 unit to win @ $126 (Flem Sports Bet)
Bobby Gates, 1.5 units to finish top 25 @ $4 (Sportsbet)
Its been raining cats and dogs in Sydney the last few days which means the long hitters really come into play this week.
The Lakes has never really placed a premium on accuracy anyway and this will be even more evident with the wet conditions.
We're looking for players that hit the ball high and long and both Scott and Gates fit the bill. Both play on the US Tour where pitch and putt courses abound and I'm tipping this week will be very similar.
Both have some putting queries and even though the course has been redeveloped, the greens aren't exactly going to be Royal Melbourne or Augusta in quality in terms of slopes and quickness so I don't think they are going to be too much of a test.
Scott is coming off some white hot form of recent weeks and in all fairness this field is again fairly thin in terms of quality. Gates has some good form down under and I think he is a very promising player who could do some nice things on the main US tour next year.
I also give Baddeley and Senden some chance but both appear to be under the odds for mine.
Small profit made with Gates finishing top 25
Bobby Gates, 1 unit to win @ $126 (Flem Sports Bet)
Bobby Gates, 1.5 units to finish top 25 @ $4 (Sportsbet)
Its been raining cats and dogs in Sydney the last few days which means the long hitters really come into play this week.
The Lakes has never really placed a premium on accuracy anyway and this will be even more evident with the wet conditions.
We're looking for players that hit the ball high and long and both Scott and Gates fit the bill. Both play on the US Tour where pitch and putt courses abound and I'm tipping this week will be very similar.
Both have some putting queries and even though the course has been redeveloped, the greens aren't exactly going to be Royal Melbourne or Augusta in quality in terms of slopes and quickness so I don't think they are going to be too much of a test.
Scott is coming off some white hot form of recent weeks and in all fairness this field is again fairly thin in terms of quality. Gates has some good form down under and I think he is a very promising player who could do some nice things on the main US tour next year.
I also give Baddeley and Senden some chance but both appear to be under the odds for mine.
Small profit made with Gates finishing top 25
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Insurance Marketing tips, strategies, and secrets for property and casualty agents are taught by Nathan Salmon of Capital-Visions. Expert Marketing Strategies for insurance agents and marketers to get the best return on their investments. When looking at Advancing and Success Online you need an international organisation of insurance communications professionals who specialise in marketing, marketing communications and advertising. Nathan specialises in teaching insurance agents how to market effectively online so that they become the HUNTED instead of the HUNTER. Marketing of insurance products have become an important activity in the insurance business but not just physical products but also information products online. Insurance marketing is found both in the life insurance sector and also home insurance marketing niche. Includes sales and marketing ideas for property and casualty insurance professionals, and cross-selling tools but if you need the latest trends in technology like Social Media, Social Networking and Video Marketing you have definitely come to the right place. Nathan prides himself on keeping his content exclusive therefore some features are only available to premium subscribers. Most insurance marketing companies generally focus on the old school direct marketing strategies and don't allow you to stay ahead of the curve. Work with the insurance marketing company that gets results for your insurance agency but also Brands YOU as the expert. Our insurance search engine optimisation and marketing plans are bespoke and thorough and I would love to help you dominate your market. There is nothing better than a autopilot insurance marketing system that turns clients, patients, and customers into referral evangelists and nathan teaches you how to dominate with relationship marketing. Top insurance marketing tips can be found all throughout this channel but also be sure to contact us for a a FREE 1 on 1 Mastermind Direct Consultation. Never forget that you can market your insurance business without utilising a big chunk of your budget but by leveraging the most cost effective strategies online and by outsourcing and scaling them. The internet has affordable marketing tools you can use and at our website we show you how we leverage them to incredible effect so we get Free Leads and Traffic to chase us 24/7 even whilst we sleep. At Capital-Visions we specialise in generating thousands of affordable insurance referrals for agents but also showing you how to dominate your demographic area as the superior agent so you can get Insurance Marketing Leads for Free as well. Congratulations on finding the insurance sales and marketing tools to generate more leads, increase profits and strategies on how to better manage your agency. Life Insurance Marketing Expert nathan Salmon is ready and waiting to help you so your business can reach new levels. Insurance Marketing.
Friday, November 26, 2010
Ascot 27/11/10
R1 N2 Flying Heritage, 1 unit to win
R3 n8 Club Liquid, 1 unit to win
R8 n1 Playing God, 1 unit to win
Best roughie : r5 n14 Volcanic Causeway
Quad : 5,6,8,9 / 1,6,7,10 / 1 / 3,11,12
63% for 1 unit
R3 n8 Club Liquid, 1 unit to win
R8 n1 Playing God, 1 unit to win
Best roughie : r5 n14 Volcanic Causeway
Quad : 5,6,8,9 / 1,6,7,10 / 1 / 3,11,12
63% for 1 unit
Friday, November 19, 2010
Ascp - Railway Stakes Day
Oh well - better late than never.
R1 N6 Ranger, 2 units to win
R2 n10 Pin Rouge, 0.5 units e/w - dangers 8 & 14
R3 N12 Kenmarette, 0.5 nits e/w - dangers 6 & 5
R4 N5 Key Box Quin 5,6 & 4 with 1 & 16, 0.2 units - very difficult race
r5 n4 Kens Double 1 unit to win
R6 n6 Double Barrel 0.5 units to win & quin with 1 & 3 for 0.25 units
r7 N9 Colour Correct 0.5 unit to win, 0.3 quin with 14, 8 & 11
r8 n7 Absolute Pleasure, 0.75 units e/w - danger 5
r9 n4 Follow The Road, 0.5 units e/w, dangers 9 & 13
R1 N6 Ranger, 2 units to win
R2 n10 Pin Rouge, 0.5 units e/w - dangers 8 & 14
R3 N12 Kenmarette, 0.5 nits e/w - dangers 6 & 5
R4 N5 Key Box Quin 5,6 & 4 with 1 & 16, 0.2 units - very difficult race
r5 n4 Kens Double 1 unit to win
R6 n6 Double Barrel 0.5 units to win & quin with 1 & 3 for 0.25 units
r7 N9 Colour Correct 0.5 unit to win, 0.3 quin with 14, 8 & 11
r8 n7 Absolute Pleasure, 0.75 units e/w - danger 5
r9 n4 Follow The Road, 0.5 units e/w, dangers 9 & 13
Wednesday, November 17, 2010
Preview of Banks' Q4 2010 Earnings
Scotia Capital, 17 November 2010Banks Begin Reporting November 30 – Earnings Sluggish• Banks begin reporting fourth quarter earnings with National Bank (NA) on November 30 (after market close), followed by Canadian Imperial Bank of Commerce (CM) and Toronto-Dominion (TD) on December 2, Royal Bank (RY) and Bank of Nova Scotia (BNS) on December 3, Bank of Montreal (BMO) and Canadian Western (CWB)
Tuesday, November 9, 2010
Golf - Australian Masters
Tiger Woods, 5 units to win @ $4.25 (Flem SportsBet)
Clearly the man to beat this week with his game seemingly back on track. Especially the putting side of it and that will be crucial this week. Its actually quite a rubbish field when you look at it with all the other world class players either badly out of form (Ogilvie, Villegas) or with putting problems (Garcia, Allenby, Appleby) that will only be accentuated this week. Woods used to regularly start $3.50 or less in hot fields on the US Tour yet is $4.25 against a very average group of players if we were being honest.
Also with rain predicted for a lot of the week, it could soften the course making it a pitch and putt event. Conditions which Woods excels on.
Wade Ormsby, 1.5 units top 25 @ $3.50 (Sportingbet)
Plays well on the sandbelt courses and is one of the better local putters. Happy to be on him to finish top 25.
Scott Laycock, 1.5 units top 25 @ $4.50 (Sportingbet)
Ditto the above.
Clearly the man to beat this week with his game seemingly back on track. Especially the putting side of it and that will be crucial this week. Its actually quite a rubbish field when you look at it with all the other world class players either badly out of form (Ogilvie, Villegas) or with putting problems (Garcia, Allenby, Appleby) that will only be accentuated this week. Woods used to regularly start $3.50 or less in hot fields on the US Tour yet is $4.25 against a very average group of players if we were being honest.
Also with rain predicted for a lot of the week, it could soften the course making it a pitch and putt event. Conditions which Woods excels on.
Wade Ormsby, 1.5 units top 25 @ $3.50 (Sportingbet)
Plays well on the sandbelt courses and is one of the better local putters. Happy to be on him to finish top 25.
Scott Laycock, 1.5 units top 25 @ $4.50 (Sportingbet)
Ditto the above.
Monday, November 1, 2010
Melb Cup Day 02/11/10
Its a special day so why not bets for every race (except race 1)
Race 2 : No 9 Tio Rosso, 0.5 units e/w. Next best in order. 4,3,10,13
Race 3 : 14,13,7 box quin for 0.3 units (total 1 unit)
Race 4 : No 1 Montana Flyer clear top rater. 2 units to win at good odds.
Race 5 : No 3 Sleepers, 0.5 units e/w. Next best in order 12,13,2
Race 6 : 2,9,3, box quin for 0.3 units (total 1 unit)
Race 7 : 5 units to win the champ - So You Think
Races 8,9 & 10 to come in a couple of hours.
Okay - good start with the R3 quinella paying $36....
Race 8 : No 10 Hidden Wonder, 0.5 units e/w. Dangers 6,9,11,2,4
Race 9 : No 7 Ahdashim, 1 unit to win. Dangers 6,11,12
Race 10: No 4 Amaethon, 1 unit to win. Dangers 5,18,16,13
Good luck to all..
Race 2 : No 9 Tio Rosso, 0.5 units e/w. Next best in order. 4,3,10,13
Race 3 : 14,13,7 box quin for 0.3 units (total 1 unit)
Race 4 : No 1 Montana Flyer clear top rater. 2 units to win at good odds.
Race 5 : No 3 Sleepers, 0.5 units e/w. Next best in order 12,13,2
Race 6 : 2,9,3, box quin for 0.3 units (total 1 unit)
Race 7 : 5 units to win the champ - So You Think
Races 8,9 & 10 to come in a couple of hours.
Okay - good start with the R3 quinella paying $36....
Race 8 : No 10 Hidden Wonder, 0.5 units e/w. Dangers 6,9,11,2,4
Race 9 : No 7 Ahdashim, 1 unit to win. Dangers 6,11,12
Race 10: No 4 Amaethon, 1 unit to win. Dangers 5,18,16,13
Good luck to all..
Thursday, October 28, 2010
RBC Investor Day
Scotia Capital, 28 October 2010Royal Bank Investor Day - Canadian Banking• Royal Bank (RY) held an Investor Day yesterday focusing on its Canadian Banking segment. The bank highlighted its track record of outperformance and leading market position, breadth of distribution network and cross-sell ability, and operational efficiency as key areas for the bank in light of the potential for slower
Friday, October 15, 2010
Races 16th October
Wet tracks all over Australia today and even though its Caulfield Cup day, I can't possibly have a bet there (well, not a serious one anyway - lol). Track is likely to be a quagmire and you may as well throw the form out the window.
Sydney r5 n1 Buffering 1.5 units to win
Randwick seems to have escaped the big wet so thats where my main interest will be today. Buffering should cross and lead here in this small field and its form against similar company is first class. Stable is in form and looks the one to berat here and a good anchor if taking quadrellas.
Sydney r5 n1 Buffering 1.5 units to win
Randwick seems to have escaped the big wet so thats where my main interest will be today. Buffering should cross and lead here in this small field and its form against similar company is first class. Stable is in form and looks the one to berat here and a good anchor if taking quadrellas.
Wednesday, October 6, 2010
Golf - McGladery Classic
Course experience not really necessary here as it is a new course. Players who do well on links types courses could be advantaged.
Jeff Quinney - 1.25 units to win @ $190 (betfair) & 2 units, top 25 @ $5.00 (sportsbet)
Perpetual non winner who has never won on tour. However has a few things in his favour this week. Is a a good putter and quite accurate once he gets to the 150 yard mark and with only 2 par 5s this week, playing the par 4s well will be advantageous. His links form stands up okay as well. If we look at Pebble Beach he has finished T35, T22 and T24 his last three times there. Nothing earth shattering I know but it is excellent compared to his general form.
Is currently 126th on the money list (right on the bubble) and needs a good performance this week. Has made 7 cuts from his past 8 starts and is probably in the best form (for him) of his PGA Tour career.
Great value in the top 25 market in my opinion.
Brett Wetterich - 0.75 units to win @ $90 (betfair) & 2 units, top 25 @ $3.00 (sportsbet).
Three top 25s from his past four tournalments means he comes into this in pretty good form. Has good all round figures for this type of course. Currently on a medical extension and needs to earn approx 300K for the rest of the season to get himself a ticket for next year. Does have a lot of ability when right.
A costly 8 on a par 5 in the final round cost Quinney a chance to win the tournalment overal - finished equal 9th but it could have been so much better.
But then again thats what non-winners do.
Jeff Quinney - 1.25 units to win @ $190 (betfair) & 2 units, top 25 @ $5.00 (sportsbet)
Perpetual non winner who has never won on tour. However has a few things in his favour this week. Is a a good putter and quite accurate once he gets to the 150 yard mark and with only 2 par 5s this week, playing the par 4s well will be advantageous. His links form stands up okay as well. If we look at Pebble Beach he has finished T35, T22 and T24 his last three times there. Nothing earth shattering I know but it is excellent compared to his general form.
Is currently 126th on the money list (right on the bubble) and needs a good performance this week. Has made 7 cuts from his past 8 starts and is probably in the best form (for him) of his PGA Tour career.
Great value in the top 25 market in my opinion.
Brett Wetterich - 0.75 units to win @ $90 (betfair) & 2 units, top 25 @ $3.00 (sportsbet).
Three top 25s from his past four tournalments means he comes into this in pretty good form. Has good all round figures for this type of course. Currently on a medical extension and needs to earn approx 300K for the rest of the season to get himself a ticket for next year. Does have a lot of ability when right.
A costly 8 on a par 5 in the final round cost Quinney a chance to win the tournalment overal - finished equal 9th but it could have been so much better.
But then again thats what non-winners do.
Friday, October 1, 2010
CIBC Investor Forum
BMO Capital Markets, 1 October 2010Scotiabank has been upgraded to Outperform, while Royal Bank’s rating slipped to Market Perform. Greater clarity on new bank capital rules has mitigated our concern they would hinder BNS’s international growth strategy. Moreover, we believe that the bank’s international operations provide a clear growth path, relative to its peer group, after credit costs have `
Thursday, September 30, 2010
Golf - Viking Classic
They will go low here and whilst I'm not really a fan of punting on tournalments such as these, there is a bit of course history and a bit of value to be had.
Richard S Johnson - 1.25 units to win @ $85 (betfair) and 2 units top 25 @ $2.75 (sportsbet)
Look up the definition of non winner in the dictionary and Johnson's face will come staring back at you. One win in over 100 starts on the tour in the last 5 years and not too many decent results in between. However seems to be striking a bit of form lately. Three top 25s in his last 3 starts and 6 made cuts in a row. Course will suit his accurate hitting and moitivation won't be a problem either as he lies 139th on the money list, therefore needing a good finish here to get his card next year.
Joe Durant - 0.75 units to win @ $140 (betfair) and 2 units top 25 @ $4.00 (sportsbet)
His profile is basic exactly the same as Johnson's. A last start T12th may be an indicator that things are slightly turning for him and he does seem to play better on courses where low numbers are required.
Ryder Cup
May have a few match bets in the singles but as far as head to head is concerned, Europe is that far ahead of the USA its not funny. It could even be all over by that stage anyway.
Joe Durant squeezes in for top 25 despite triple bogeying the last !!!!!
Richard S Johnson - 1.25 units to win @ $85 (betfair) and 2 units top 25 @ $2.75 (sportsbet)
Look up the definition of non winner in the dictionary and Johnson's face will come staring back at you. One win in over 100 starts on the tour in the last 5 years and not too many decent results in between. However seems to be striking a bit of form lately. Three top 25s in his last 3 starts and 6 made cuts in a row. Course will suit his accurate hitting and moitivation won't be a problem either as he lies 139th on the money list, therefore needing a good finish here to get his card next year.
Joe Durant - 0.75 units to win @ $140 (betfair) and 2 units top 25 @ $4.00 (sportsbet)
His profile is basic exactly the same as Johnson's. A last start T12th may be an indicator that things are slightly turning for him and he does seem to play better on courses where low numbers are required.
Ryder Cup
May have a few match bets in the singles but as far as head to head is concerned, Europe is that far ahead of the USA its not funny. It could even be all over by that stage anyway.
Joe Durant squeezes in for top 25 despite triple bogeying the last !!!!!
Sunday, September 26, 2010
Best Explaination About Insurance
This is a video lecture explaining about Insurance.
What I am very very interested in the video is the point that he explain about buying insurance.
Please watch the video below:
Insurance lecture
What I am very very interested in the video is the point that he explain about buying insurance.
Please watch the video below:
Insurance lecture
NFL Week 3
Sorry, been out of action the last few weeks with the golf dying down and nothing really grabbing my interest racing wise. Although we potentially have a great rivalty coming along with So You Think and More Joyous both looking like two of the best horses we've seen in the past decade.
Atlanta Falcons 2 units @ +3.0 (Centrebet) vs New Orleans
Think the Falcons are an under-rated side and they get their chance to show their worth against the reigning champs. The Saints have struggled so far this year and will be fully trested this week.
Jacksonville Jaguars 2 units to win @ $2.22 (FlemSportsBet) vs Philadelphia Eagles
Eagles look over-priced here on the back of the last two efforts from Michael Vick. Returns to an outdoor stadium here and his fitness will be fully tested. The Jags will be keen to have their first home town win of the season and should be fired up for this.
Chop out with Atlanta getting the chocolates
Atlanta Falcons 2 units @ +3.0 (Centrebet) vs New Orleans
Think the Falcons are an under-rated side and they get their chance to show their worth against the reigning champs. The Saints have struggled so far this year and will be fully trested this week.
Jacksonville Jaguars 2 units to win @ $2.22 (FlemSportsBet) vs Philadelphia Eagles
Eagles look over-priced here on the back of the last two efforts from Michael Vick. Returns to an outdoor stadium here and his fitness will be fully tested. The Jags will be keen to have their first home town win of the season and should be fired up for this.
Chop out with Atlanta getting the chocolates
Saturday, September 18, 2010
Barron's on TD Ameritrade
Barron's, Sandra Ward, 18 September 2010Hard to believe amid all the hand-wringing about the direction of the economy and the markets, but day trading is alive and well.A healthy number of individuals continue to indulge a passion for buying and selling stocks, and options and futures on those stocks, on a daily basis, in spite of the continued exodus from actively managed stock mutual funds and
Monday, September 13, 2010
Review of Banks' Q3 2010 Earnings
Scotia Capital, 13 September 2010Event• Canadian banks' third quarter operating earnings were disappointing, missing earnings estimates, the first quarterly miss of the earnings recovery cycle. ROE: 15.9%, RRWA: 2.06%, Tier 1: 12.8%.Implications• The major collapse in trading revenue from record levels a year earlier cut wholesale earnings in half. Trading revenue as a percentage of total revenue
Friday, September 10, 2010
Races 11th September
Like a few today. In a rush so no time for any real comments.
Moonee Valley
r1 no 2 Servant, 2 units to win
r3 no 1 Dutchys Lass, 2 units to win
r7 no 8, Typhoon Tracey, 2 units to win
Terrible track bias proves costly as leaders very disadvantaged.
Moonee Valley
r1 no 2 Servant, 2 units to win
r3 no 1 Dutchys Lass, 2 units to win
r7 no 8, Typhoon Tracey, 2 units to win
Terrible track bias proves costly as leaders very disadvantaged.
Wednesday, September 8, 2010
Golf - BMW Championship
Ian Poulter - 1 unit to win @ $110 (betfair) & 1 unit to finish top 10 @ $9.20 (betfair)
Form doesn't look that great but a closer look at his scorecards the past 2 tournaments shows the events have basically been ruined by a couple of bad holes in each. Last round was bogey free and that indicates he may have just sorted out all the kinks in his armour. Finished 20th here last year so course won't be a problem and he also seems to play better later in the year for some reason.
On his day is one of the better putters in the world, is highly competitive when he gets himself into a winning position and importantly needs a good finish here to progress to the next stage of the Fedex playoffs so motivation will not be a factor.
Is a great price for a very good player.
Update : Laid Poulter to win 1 unit @ $13.50
Great start by Poults after double bogeying the first. Off early today so lets hope he can keep it going.
Have also managed to lay Poulter top 10 for 1 unit @ $2.20 so have got all my bets going for nothing this week.
Update 2 : Put a lay in the system @ $3.00 to win 16 units. Hopefully we get matched !!!!!
Have also laid him in the top 10 market to win 3 units @ $1.47
Form doesn't look that great but a closer look at his scorecards the past 2 tournaments shows the events have basically been ruined by a couple of bad holes in each. Last round was bogey free and that indicates he may have just sorted out all the kinks in his armour. Finished 20th here last year so course won't be a problem and he also seems to play better later in the year for some reason.
On his day is one of the better putters in the world, is highly competitive when he gets himself into a winning position and importantly needs a good finish here to progress to the next stage of the Fedex playoffs so motivation will not be a factor.
Is a great price for a very good player.
Update : Laid Poulter to win 1 unit @ $13.50
Great start by Poults after double bogeying the first. Off early today so lets hope he can keep it going.
Have also managed to lay Poulter top 10 for 1 unit @ $2.20 so have got all my bets going for nothing this week.
Update 2 : Put a lay in the system @ $3.00 to win 16 units. Hopefully we get matched !!!!!
Have also laid him in the top 10 market to win 3 units @ $1.47
Friday, September 3, 2010
TD Bank Q3 2010 Earnings
Scotia Capital, 3 September 2010Event• TD operating EPS declined 2% to $1.43, in line with expectations.Implications• Earnings were solid, driven by a strong performance at Canadian P&C (TDCT) with earnings up 24% YOY, followed by U.S. P&C up 19%, and Wealth Management up 10%, offset by a 45% decline in Wholesale. The bank viewed the Wholesale, earnings decline as normalization. The major
Thursday, September 2, 2010
My Homeowners Association Covers my Condo/Townhouse in the event of a loss?
"Condo Insurance also known as HO6 insurance. If you think paying your HOA dues each month is covering you in the event of a loss, you may be surprised when you try to file a claim on the master (HOA) insurance policy. As cost cutting has become the norm for every business and association, insurance coverages are al...so being cut. You need to protect yourself from the gaps in coverage with a Condo Owner Insurance Policy. Very inexpensive and well worth it. Do not be left with bills after a loss. Contact us today for a free consultation!
A recent new client had a pipe break in her condo, she called her HOA and they informed her it is not covered under their policy. She now has thousands of dollars of repairs coming out of her pocket! Don't let this happen to you! A Condo Owner Policy could have saved the DAY!"
A recent new client had a pipe break in her condo, she called her HOA and they informed her it is not covered under their policy. She now has thousands of dollars of repairs coming out of her pocket! Don't let this happen to you! A Condo Owner Policy could have saved the DAY!"
Wednesday, September 1, 2010
Scotiabank Q3 2010 Earnings
TD Securities, 1 September 2010Investment Thesis. The quarter was largely inline with updated expectations in terms of the bottom-line number and key themes.Domestic Retail turned in another good quarter despite softer margins on good volumes and improving credit. Overall, credit came on much better than expected. Wholesale was soft, but not materially disappointing relative to reduced
Friday, August 27, 2010
Races 28th August
Caulfield r8 n11, Royal Discretion 1 unit e/w
Not much luck last week behind the inform Stanzout when it blew the start. Good wet tracker with top jockey Luke Nolen on board. Live chance at big odds (currently $21)in a very open race.
Fast finishing 4th
Not much luck last week behind the inform Stanzout when it blew the start. Good wet tracker with top jockey Luke Nolen on board. Live chance at big odds (currently $21)in a very open race.
Fast finishing 4th
RBC Q3 2010 Earnings
• BMO cuts price target to C$53 from C$63; rating outperform• CIBC cuts price target to C$56 from C$62; rating sector performer • KBW cuts price target by C$2 to C$58; rating outperform• Macquarie cuts target price to C$56 from C$60; rating neutral• UBS cuts price target to C$66 from C$68; rating buy__________________________________________________________ Scotia Capital, 27 August 2010Event•
National Bank Q3 2010 Earnings
• BMO raises target price to C$71 from C$70; rating outperform• Canaccord Genuity raises price target to C$69 from C$68• Credit Suisse raises target price to C$69 from C$68• Macquarie cuts price to C$67 from C$68; rating neutral• RBC raises price target to C$74 from C$71; rating sector perform.__________________________________________________________ Scotia Capital, 27 August 2010Event• NA
Canadian Banks Confident Ahead of New Basel Rules
Thomson Reuters, 27 August 2010Canada's banks appear set to handily absorb stiffer global capital and liquidity rules being developed by the Basel banking committee, meaning they could soon begin raising dividends and making acquisitions.While the new regulations won't be released until November, the CEOs of Canada's big six banks have begun speaking more confidently about their ability to adopt
Thursday, August 26, 2010
CIBC Q3 2010 Earnings
Scotia Capital, 26 August 2010Event• CIBC (CM) reported an increase in cash operating earnings of 22% YOY to $1.66 per share beating expectations due to surprisingly strong trading revenue/wholesale earnings and slightly higher security gains. Operating ROE was 21.5% with RRWA of 2.39%.Implications• Wholesale Banking operating earnings declined 33% YOY to $123 million, but remained surprisingly
Wednesday, August 25, 2010
Golf - Barclays Championship
Course is expected to suit the long hitters and may play soft the opening two days suiting them even more. Greens are quite tricky so need to be in decent putting touch.
JB Holmes - 1 unit to win @ $91 (Sportsbet)
Near enough to the longest hitter on Tour and is in very good form of late. A 3rd round 77 in the PGA cost him basically a top 5 finish in that event and of his four starts prior, finished in the top 20 three times (including a T14th in the British Open). Has missed just one cut for the year so there are absoloutly no doubts on his consistency.
Aaron Baddeley - 0.6 units to win @ $280 (Betfair)
More on course suitability than form here. Hits the ball long and high and is a very good putter. Badds's main problem has been his accuracy off the tee and he may not get punished as much as he usually does on this course. Showing signs of getting back to his best on his two most recent events (although they were pitch and putt tourny's !!!) shooting 9 and 11 under respectively. Could be a bolter.
Steve Elkington - 0.6 units to win @ $190 (Betfair)
In excellent form and has been knocking the pins out. Putting was once somewhat of a weakness but he seems to have turned it into a bit of a strength lately. Not a long hitter by any means but not overly short either. His superior iron play may make up for shortcomings in that area. I'm happy to stick with him at the big price again.
Paul Casey - 2 units leading Euro @ $6.00 avge price (Betfair)
Clear top Euro rater on my figures and was almost tempted to back him to win but the price isn't great. Long hitter and excellent putter playing very well at the moment. If I had a query its that his GIR stats aren't maybe as good as they should be. However against that, there are doubts on a lot of the other Euros (putting might sort Rory out here for instance) that I am happy to back Casey.
No joy here.
JB Holmes - 1 unit to win @ $91 (Sportsbet)
Near enough to the longest hitter on Tour and is in very good form of late. A 3rd round 77 in the PGA cost him basically a top 5 finish in that event and of his four starts prior, finished in the top 20 three times (including a T14th in the British Open). Has missed just one cut for the year so there are absoloutly no doubts on his consistency.
Aaron Baddeley - 0.6 units to win @ $280 (Betfair)
More on course suitability than form here. Hits the ball long and high and is a very good putter. Badds's main problem has been his accuracy off the tee and he may not get punished as much as he usually does on this course. Showing signs of getting back to his best on his two most recent events (although they were pitch and putt tourny's !!!) shooting 9 and 11 under respectively. Could be a bolter.
Steve Elkington - 0.6 units to win @ $190 (Betfair)
In excellent form and has been knocking the pins out. Putting was once somewhat of a weakness but he seems to have turned it into a bit of a strength lately. Not a long hitter by any means but not overly short either. His superior iron play may make up for shortcomings in that area. I'm happy to stick with him at the big price again.
Paul Casey - 2 units leading Euro @ $6.00 avge price (Betfair)
Clear top Euro rater on my figures and was almost tempted to back him to win but the price isn't great. Long hitter and excellent putter playing very well at the moment. If I had a query its that his GIR stats aren't maybe as good as they should be. However against that, there are doubts on a lot of the other Euros (putting might sort Rory out here for instance) that I am happy to back Casey.
No joy here.
BMO Q3 2010 Earnings
Scotia Capital, 25 August 2010Event• BMO cash operating EPS increased 9% to $1.14, below our estimate of $1.20 and consensus of $1.21. Earnings were lower-than-expected due to extremely weak trading revenue and lower security gains, partially offset by lower than expected LLPs. Operating ROE was 13.9%.Implications• Positives for the quarter were credit and strong operating results in core
Thursday, August 19, 2010
Credit Suisse: Revenue Growth to Slow for Banks
Credit Suisse, 19 August 2010As Canadian bank earnings/returns on equity (ROE) benefit from declining credit charges, slowing revenue growth represents a headwind.We forecast provisions for credit losses (PCLs) to decline 35% and 36% in 2010 and 2011, respectively, providing a substantial boost to group profitability. However, as this earnings/ROE driver loses momentum, the onus falls on revenue
Wednesday, August 18, 2010
No Golf Bets This Week
Well we're back to a pitch and putt course this week for the Wyndham Championship so am not getting involved as I have no interest in these types of events any more.
The winner will shoot 20 under (par 70 course mind you) and be the best putter for the week.
May as well stick them on a mini golf circuit !!!!!
The winner will shoot 20 under (par 70 course mind you) and be the best putter for the week.
May as well stick them on a mini golf circuit !!!!!
Friday, August 13, 2010
Races 14th August
Caulfield r6 n6, Predatory Pricer - 1.5 units e/w
One of the best horses in Oz resuming here. Last time first up here produced a withering burst to get up on the line. Strong wind may hinder front runners today and am hoping the Pricer can repeat his effort of last time. Clear top rater here as most of other favoured runners are on pace types.
2nd @ $2.20 place. Desperately unlucky I thought and seeems to be set for a big Spring.
Caulfield r7 n7, Ocean Challenger - 1.5 units e/w
5 starts here for 3 wins and a second. Also excellent 2nd up record of 2 wins from 3 starts. Gets the sit in the middle of the field. Is a mare on the rise and there are plenty of queries on the other runners. Happy to cop the $10 each way here.
Unplaced at $11. Never a hope.
One of the best horses in Oz resuming here. Last time first up here produced a withering burst to get up on the line. Strong wind may hinder front runners today and am hoping the Pricer can repeat his effort of last time. Clear top rater here as most of other favoured runners are on pace types.
2nd @ $2.20 place. Desperately unlucky I thought and seeems to be set for a big Spring.
Caulfield r7 n7, Ocean Challenger - 1.5 units e/w
5 starts here for 3 wins and a second. Also excellent 2nd up record of 2 wins from 3 starts. Gets the sit in the middle of the field. Is a mare on the rise and there are plenty of queries on the other runners. Happy to cop the $10 each way here.
Unplaced at $11. Never a hope.
Thursday, August 12, 2010
Preview of Banks' Q3 2010 Earnings
Scotia Capital, 12 August 2010Banks Begin Reporting Third Quarter Earnings August 24 - Uninspiring• Banks begin reporting third quarter earnings with Bank of Montreal (BMO) on August 24, followed by Canadian Imperial Bank of Commerce (CM) on August 25, Royal Bank (RY) and National Bank (NA) on August 26, Bank of Nova Scotia (BNS) on August 31, Canadian Western (CWB) on September 1 (after market
Wednesday, August 11, 2010
Golf - US PGA
Plumping for some players at long odds here. Whistling Straits is a good test of golf but with four par 5's we are looking at players who hit the ball relatively long and play the par 5's well.
Vaughan Taylor : 0.6 units to win @ $400(betfair) and 1 unit top 25 @ $7.00(sportsbet)
Been very consistent the past month with three top 15 finishes his past 5 starts. In the other two starts he made the cut but threw a 74 in both times which ruined his chances. Although not a long hitter ranks 12th in par 5 performance this year, is very accurate and a decent putter. Is a non winner but am happy to take 400s about a player in good form.
Steve Elkington : 0.6 units to win @ 450(betfair), 1 unit top 25 @ $8.00(sportsbet) and 0.6 units top Aussie @ $13 (luxbet)
Another who has been very consistent in the lesser tournalments without looking like winning. Veteran who should relish his first opportunity to play in a major this year. Ranks 22nd for par 5 performance and 16th in ball striking. Putting has always been the question mark but that seems to have improved this season.
Brendan de Jonge : 0.6 units t win @ 190(betfair) and 1 unit top 25 @ $6.00(sportsbet)
Six top 20s in his last 8 appearances on tour says it all about this blokes consistency. Knocking on the door for a win and why can't it be a major ? Very accurate and putts well. 190 is miles over the odds for a player in the form that he is.
Matt Jones : 0.6 units top Aussie @ $13 (luxbet)
Long hitter with a good record on the par 5's. Over the odds for top Aussie.
Update : Put a few lays in the system hoping to get matched in running.
Elkington to lose 30 units @ $17 (win 2 units)
Elkington to lose 30 units @ $7 (win 5 units)
Elkington to lose 30 units @ $3 (win 1o units)
More wishful thinking but you never know. If he finished top 25 that will be enough for me and if he gets top Aussie that will be a bonus.
Well the Elk gave me a good run for my money and if he'd holed that eagle putt on 16 then who knows what might have happened. Managed to get set at $7 and $17 on the lay side and also collected on the T25 and Top Aussie.
The majors have been worth their weight in gold to me this year.
Would be great to get an outright winner before the PGA season finishes but am in front on the golf so can't complain too much.
Vaughan Taylor : 0.6 units to win @ $400(betfair) and 1 unit top 25 @ $7.00(sportsbet)
Been very consistent the past month with three top 15 finishes his past 5 starts. In the other two starts he made the cut but threw a 74 in both times which ruined his chances. Although not a long hitter ranks 12th in par 5 performance this year, is very accurate and a decent putter. Is a non winner but am happy to take 400s about a player in good form.
Steve Elkington : 0.6 units to win @ 450(betfair), 1 unit top 25 @ $8.00(sportsbet) and 0.6 units top Aussie @ $13 (luxbet)
Another who has been very consistent in the lesser tournalments without looking like winning. Veteran who should relish his first opportunity to play in a major this year. Ranks 22nd for par 5 performance and 16th in ball striking. Putting has always been the question mark but that seems to have improved this season.
Brendan de Jonge : 0.6 units t win @ 190(betfair) and 1 unit top 25 @ $6.00(sportsbet)
Six top 20s in his last 8 appearances on tour says it all about this blokes consistency. Knocking on the door for a win and why can't it be a major ? Very accurate and putts well. 190 is miles over the odds for a player in the form that he is.
Matt Jones : 0.6 units top Aussie @ $13 (luxbet)
Long hitter with a good record on the par 5's. Over the odds for top Aussie.
Update : Put a few lays in the system hoping to get matched in running.
Elkington to lose 30 units @ $17 (win 2 units)
Elkington to lose 30 units @ $7 (win 5 units)
Elkington to lose 30 units @ $3 (win 1o units)
More wishful thinking but you never know. If he finished top 25 that will be enough for me and if he gets top Aussie that will be a bonus.
Well the Elk gave me a good run for my money and if he'd holed that eagle putt on 16 then who knows what might have happened. Managed to get set at $7 and $17 on the lay side and also collected on the T25 and Top Aussie.
The majors have been worth their weight in gold to me this year.
Would be great to get an outright winner before the PGA season finishes but am in front on the golf so can't complain too much.
Sunday, August 8, 2010
The problem with Tiger
As we've seen from this weeks performance Tiger's game has gone right off and whilst its correct to say that his tee to green isn't what he is capable of, the real problem lies with his putting. Specifically the short putts.
Tiger used to be near unstoppable from inside 5 feet but that has all changed. The statistics tell the story.
Inside 5 feet
2010 - ranked 59th
2009 - 4th
2008 - 1st
Between 5 feet and 10 feet
2010 - 150th
2009 - 9th
2008 - 72nd
Putts per round
2010 - 129th
2009 - 22nd
2008 - 20th
2007 - 48th
2006 - 137th
2005 - 33rd
2004 - 20th
2003 - 32nd
Unfortunately I can't get the short putt stats prior to 2008 but I'm pretty confident that Tiger would have been ranked up high. He has always had a high overall putting ranking except for the blip in 2006.
This loss of confidence with the short putts must be affecting the rest of his game in my opinion. There is now enormous pressure on him on every shot he makes as he knows he cannot putt himself out of trouble any more.
Personally, I don't think his overall game has deteriorated that much. Its always been his putting that has been the difference. Simply, he made the putts when it mattered.
Now putting is more or less a confidence thing. I think its fair to say that the traumas of the last 9 months have really got to him mentally. He changed putters at the British Open and that was the first sign to me that he is starting to get very concerned.
Can he come back though ?
Well, he needs to get his shit sorted off the course and get that swagger back. I think all it will take is a few good putting rounds where he holes everything under 6 feet and all will be well with the world though. But we have seen great players never come back from putting woes before.
If you're a golf punter then watch Tigers putting carefully the next few tournalments. If you detect that he is getting his mojoe back then you might be able to get some value. However, until then its going to be very difficult for him unless the course being played does not have much putting emphasis.
Tiger used to be near unstoppable from inside 5 feet but that has all changed. The statistics tell the story.
Inside 5 feet
2010 - ranked 59th
2009 - 4th
2008 - 1st
Between 5 feet and 10 feet
2010 - 150th
2009 - 9th
2008 - 72nd
Putts per round
2010 - 129th
2009 - 22nd
2008 - 20th
2007 - 48th
2006 - 137th
2005 - 33rd
2004 - 20th
2003 - 32nd
Unfortunately I can't get the short putt stats prior to 2008 but I'm pretty confident that Tiger would have been ranked up high. He has always had a high overall putting ranking except for the blip in 2006.
This loss of confidence with the short putts must be affecting the rest of his game in my opinion. There is now enormous pressure on him on every shot he makes as he knows he cannot putt himself out of trouble any more.
Personally, I don't think his overall game has deteriorated that much. Its always been his putting that has been the difference. Simply, he made the putts when it mattered.
Now putting is more or less a confidence thing. I think its fair to say that the traumas of the last 9 months have really got to him mentally. He changed putters at the British Open and that was the first sign to me that he is starting to get very concerned.
Can he come back though ?
Well, he needs to get his shit sorted off the course and get that swagger back. I think all it will take is a few good putting rounds where he holes everything under 6 feet and all will be well with the world though. But we have seen great players never come back from putting woes before.
If you're a golf punter then watch Tigers putting carefully the next few tournalments. If you detect that he is getting his mojoe back then you might be able to get some value. However, until then its going to be very difficult for him unless the course being played does not have much putting emphasis.
Thursday, August 5, 2010
Manulife Q2 2010 Earnings
Citigroup Global Markets, 5 August 20102Q10 a miss – Operating EPS of (C$1.36) compared unfavorably to 2Q09 EPS of C$1.09, and was well below our estimate of $0.00 and FC of (C$0.62). While disappointing, we did not find much during our initial review of the results with respect to business line performance that came as a surprise in terms of sales or underwriting trends. But, Canadian GAAP
Wednesday, August 4, 2010
Golf - WGC Bridgestone Invitational
Ross Fisher, 1 unit to win @ $48 (betfair)
Has claims to being the hottest player on the planet at the moment with a series of excellent performances in the past month. Hits the ball long, gets great GIR statistics and putting is above average which are all the key statistics you want to excel in this week. Only slight pot are his two disappointing efforts here the past two years but he was nowhere near the golfer he is now. Excellent value.
JB Holmes, 0.75 units to win @$110 (betfair) *unmatched
This course suits the long hitters as the fairways are soft and generally easy to hit so big bombers like JB can go for it without fear. Three top 20 finishes in his last 4 events and is knocking on the door for a big victory. His putting is under-rated too.
Graeme McDowell, 0.75 units to win @ $85 (betfair)
This is just a ridiculous price. Since his US Open victory, Graeme has performed most credibly at a time when he probably wasn't concentrating fully on his golf. he is now ranked 11th in the world yet we can get $85 about him whilst someone like Mickelsen who is clearly not at his best is served up at $15. McDowell is a brilliant putter and id he hits his share of greens in reg will be high up on the leaderboard towards the end.
Paul Casey, 0.5 units to win @ $42 (betfair)
One of my favourite players and seems to be over this injury curse that has got him the last 12 months or so. Finished 8th here two years ago and if the course is wet it will definitely suit his style.
With the smallish field and there being no cut I'm going to have a dabble in the H2H markets this week.
Matt Kucher to beat Tim Clark, 2 units @ $1.90 (centrebet)
This course simply does not suit Clark and Kucher is in good form.
Dustin Johnson to beat Hunter Mahan, 1 unit @ $1.93 (sportsbet)
I expect the big hitting Johnson to go well here.
Rickie Fowler to beat Adam Scott, 1 unit @ $1.93 (sportsbet)
The emphasis on putting could be Adams downfall here and I sense his game has been a little off since his won a few months ago.
Well Kuchar demolished Clark but all other bets fell by the wayside. Smallish loss on the event.
Has claims to being the hottest player on the planet at the moment with a series of excellent performances in the past month. Hits the ball long, gets great GIR statistics and putting is above average which are all the key statistics you want to excel in this week. Only slight pot are his two disappointing efforts here the past two years but he was nowhere near the golfer he is now. Excellent value.
JB Holmes, 0.75 units to win @$110 (betfair) *unmatched
This course suits the long hitters as the fairways are soft and generally easy to hit so big bombers like JB can go for it without fear. Three top 20 finishes in his last 4 events and is knocking on the door for a big victory. His putting is under-rated too.
Graeme McDowell, 0.75 units to win @ $85 (betfair)
This is just a ridiculous price. Since his US Open victory, Graeme has performed most credibly at a time when he probably wasn't concentrating fully on his golf. he is now ranked 11th in the world yet we can get $85 about him whilst someone like Mickelsen who is clearly not at his best is served up at $15. McDowell is a brilliant putter and id he hits his share of greens in reg will be high up on the leaderboard towards the end.
Paul Casey, 0.5 units to win @ $42 (betfair)
One of my favourite players and seems to be over this injury curse that has got him the last 12 months or so. Finished 8th here two years ago and if the course is wet it will definitely suit his style.
With the smallish field and there being no cut I'm going to have a dabble in the H2H markets this week.
Matt Kucher to beat Tim Clark, 2 units @ $1.90 (centrebet)
This course simply does not suit Clark and Kucher is in good form.
Dustin Johnson to beat Hunter Mahan, 1 unit @ $1.93 (sportsbet)
I expect the big hitting Johnson to go well here.
Rickie Fowler to beat Adam Scott, 1 unit @ $1.93 (sportsbet)
The emphasis on putting could be Adams downfall here and I sense his game has been a little off since his won a few months ago.
Well Kuchar demolished Clark but all other bets fell by the wayside. Smallish loss on the event.
Understanding About Secured Loan
A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral — in the event that the borrower defaults, the creditor takes possession of the asset used as collateral and may sell it to regain some or all of the amount originally lent to the borrower, for example, foreclosure of a home.
From the creditor's perspective this is a category of debt in which a lender has been granted a portion of the bundle of rights to specified property. If the sale of the collateral does not raise enough money to pay off the debt, the creditor can often obtain a deficiency judgment against the borrower for the remaining amount. The opposite of secured debt/loan is unsecured debt, which is not connected to any specific piece of property and instead the creditor may only satisfy the debt against the borrower rather than the borrower's collateral and the borrower.
Purpose:
There are two purposes for a loan secured by debt. In the first purpose, by extending the loan through securing the debt, the creditor is relieved of most of the financial risks involved because it allows the creditor to take the property in the event that the debt is not properly repaid. In exchange, this permits the second purpose where the debtors may receive loans on more favorable terms than that available for unsecured debt, or to be extended credit under circumstances when credit under terms of unsecured debt would not be extended at all. The creditor may offer a loan with attractive interest rates and repayment periods for the secured debt.
Types:
* A mortgage loan is a secured loan in which the collateral is property, such as a home.
* A nonrecourse loan is a secured loan where the collateral is the only security or claim the creditor has against the borrower, and the creditor has no further recourse against the borrower for any deficiency remaining after foreclosure against the property.
* A foreclosure is a legal process in which mortgaged property is sold to pay the debt of the defaulting borrower.
* A repossession is a process in which property, such as a car, is taken back by the creditor when the borrower does not make payments due on the property. Depending on the jurisdiction, it may or may not require a court order.
How to create secured debt:
Debt can become secured by a contractual agreement, statutory lien, or judgment lien. Contractual agreements can be secured by either a Purchase Money Security Interest (PMSI) loan, where the creditor takes a security interest in the items purchased (i.e. vehicle, furniture, electronics); or, a Non-Purchase Money Security Interest (NPMSI) loan, where the creditor takes a security interest in items that the debtor already owns.
From the creditor's perspective this is a category of debt in which a lender has been granted a portion of the bundle of rights to specified property. If the sale of the collateral does not raise enough money to pay off the debt, the creditor can often obtain a deficiency judgment against the borrower for the remaining amount. The opposite of secured debt/loan is unsecured debt, which is not connected to any specific piece of property and instead the creditor may only satisfy the debt against the borrower rather than the borrower's collateral and the borrower.
Purpose:
There are two purposes for a loan secured by debt. In the first purpose, by extending the loan through securing the debt, the creditor is relieved of most of the financial risks involved because it allows the creditor to take the property in the event that the debt is not properly repaid. In exchange, this permits the second purpose where the debtors may receive loans on more favorable terms than that available for unsecured debt, or to be extended credit under circumstances when credit under terms of unsecured debt would not be extended at all. The creditor may offer a loan with attractive interest rates and repayment periods for the secured debt.
Types:
* A mortgage loan is a secured loan in which the collateral is property, such as a home.
* A nonrecourse loan is a secured loan where the collateral is the only security or claim the creditor has against the borrower, and the creditor has no further recourse against the borrower for any deficiency remaining after foreclosure against the property.
* A foreclosure is a legal process in which mortgaged property is sold to pay the debt of the defaulting borrower.
* A repossession is a process in which property, such as a car, is taken back by the creditor when the borrower does not make payments due on the property. Depending on the jurisdiction, it may or may not require a court order.
How to create secured debt:
Debt can become secured by a contractual agreement, statutory lien, or judgment lien. Contractual agreements can be secured by either a Purchase Money Security Interest (PMSI) loan, where the creditor takes a security interest in the items purchased (i.e. vehicle, furniture, electronics); or, a Non-Purchase Money Security Interest (NPMSI) loan, where the creditor takes a security interest in items that the debtor already owns.
Wednesday, July 28, 2010
Basel Tone Improves - Positive for Canadian Banks
Scotia Capital, 28 July 2010• The Basel Committee on Banking Supervision reached broad agreement July 26, 2010 on the overall design of the capital and liquidity reform package including definition of capital, the treatment of counterparty credit risk, the leverage ratio, and the global liquidity standard.• In general, the agreement seems to provide a more balanced and constructive approach to
Thursday, July 22, 2010
Health Insurance Coverage: The Primer One
For this blog post, I found an interesting and useful article regarding Health Insurance, Health Insurance Coverage...It's the primer one!!!
How health insurance coverage it is???
Please read the article below:
Understanding Health Insurance Coverage: A Primer
by: Peter Lenkefi
Health Insurance Coverage: What are ‘Covered’ Services?
Health insurance coverage is a contract used to determine medical benefits that are covered, or not covered, between you and your insurance provider. The insurance company, based on a fee that you provide them on a regular basis, promises to pay health insurance coverage on certain items or benefits listed in that contract. These are called ‘covered’ services. ‘Covered’ services can include a wide variety of things, such as implements, prescriptions, services (such as massage), checkups, tests and/or research.
Your contract should also list all of the things NOT covered in your health insurance coverage – these are items or services that you will need to pay for out of your own pocket, should you require them.
Health Insurance Coverage: What is a Medical Necessity? How is this Different from Covered Services?
Just as it seems, a medical necessity is something that your health professional has deemed a required service/ item that will affect your health negatively should you decide not to purchase it. However, just because your doctor tells you something is a medical necessity does not mean your health insurance actually offers coverage for it.
Since insurance companies decide what health coverage they will and will not provide, you really have no leeway in this area.
Health Insurance Coverage: What Do I Do?
Most doctors try and keep themselves abreast as to what the major insurance companies do, and do not cover when it comes to health coverage. However, there are a LOT of plans out there, so this just isn’t enough. So how can you avoid any nasty surprises during an emergency?
Read your health insurance coverage. You’re better off knowing what your health insurance company will, and will not provide coverage for right off the bat. Then, if your doctor decides on a treatment plan that isn’t covered, you can ask for alternatives that may be.
If there are questions regarding your health insurance coverage, do not hesitate to contact the insurance company. Questions are good, and they expect them.
Health Insurance Coverage: What Do I Do if Something I Need Isn’t Covered?
The gross majority of what your doctor orders for you will be covered in your health insurance plan. If you do get a treatment or supply that isn’t covered, you can always challenge the health insurance coverage. You may not be the only one who requires the same type of service, benefit or item – so you’ll end up fighting not just for yourself, but for others in the same situation.
Ask your doctor for their side, and use this in your claim. It may not help in the end, but if your doctor is on your side, you may be able to convince the health insurance company that coverage is required.
About the author:
For more more information about health insurance coverage please visit http://www.1health-center.com/articles/Health-Insurance-Coverage.php
How health insurance coverage it is???
Please read the article below:
Understanding Health Insurance Coverage: A Primer
by: Peter Lenkefi
Health Insurance Coverage: What are ‘Covered’ Services?
Health insurance coverage is a contract used to determine medical benefits that are covered, or not covered, between you and your insurance provider. The insurance company, based on a fee that you provide them on a regular basis, promises to pay health insurance coverage on certain items or benefits listed in that contract. These are called ‘covered’ services. ‘Covered’ services can include a wide variety of things, such as implements, prescriptions, services (such as massage), checkups, tests and/or research.
Your contract should also list all of the things NOT covered in your health insurance coverage – these are items or services that you will need to pay for out of your own pocket, should you require them.
Health Insurance Coverage: What is a Medical Necessity? How is this Different from Covered Services?
Just as it seems, a medical necessity is something that your health professional has deemed a required service/ item that will affect your health negatively should you decide not to purchase it. However, just because your doctor tells you something is a medical necessity does not mean your health insurance actually offers coverage for it.
Since insurance companies decide what health coverage they will and will not provide, you really have no leeway in this area.
Health Insurance Coverage: What Do I Do?
Most doctors try and keep themselves abreast as to what the major insurance companies do, and do not cover when it comes to health coverage. However, there are a LOT of plans out there, so this just isn’t enough. So how can you avoid any nasty surprises during an emergency?
Read your health insurance coverage. You’re better off knowing what your health insurance company will, and will not provide coverage for right off the bat. Then, if your doctor decides on a treatment plan that isn’t covered, you can ask for alternatives that may be.
If there are questions regarding your health insurance coverage, do not hesitate to contact the insurance company. Questions are good, and they expect them.
Health Insurance Coverage: What Do I Do if Something I Need Isn’t Covered?
The gross majority of what your doctor orders for you will be covered in your health insurance plan. If you do get a treatment or supply that isn’t covered, you can always challenge the health insurance coverage. You may not be the only one who requires the same type of service, benefit or item – so you’ll end up fighting not just for yourself, but for others in the same situation.
Ask your doctor for their side, and use this in your claim. It may not help in the end, but if your doctor is on your side, you may be able to convince the health insurance company that coverage is required.
About the author:
For more more information about health insurance coverage please visit http://www.1health-center.com/articles/Health-Insurance-Coverage.php
Wednesday, July 21, 2010
Estate Tax to return in 2011..... Yankees owner....
The Star-Ledger-US Presswire
If former New York Yankees owner George Steinbrenner's estate was valued at over $1 billion, the fact that he died while the estate tax is not in effect may have saved his heirs $500 million in taxes.
BIG BILL COMING
Unless Congress acts, the federal estate tax, which was repealed this year, will return in 2011 with a lower exemption and a higher tax rate.
By Sandra Block, USA TODAY
In life, George Steinbrenner beat the Red Sox. In death, he beat the IRS.
Steinbrenner's death on July 13 occurred six months after the federal estate tax expired. Forbes magazine estimates the Yankees owner's net worth was $1.15 billion, so the timing of Steinbrenner's death could save his heirs up to $500 million in federal estate taxes.
But future heirs may not be so lucky. The federal estate tax is scheduled to return with a vengeance on Jan. 1, 2011, imposing a levy of up to 55% on estates valued at more than $1 million. And the same congressional paralysis that allowed the tax to expire in 2010 could thwart efforts to pare it back, estate planning attorneys say.
A $1 million exemption would affect a lot of families that are well out of Steinbrenner's league. "You take a home, an IRA or 401(k) retirement account, some other savings and you get to $1 million pretty easily," says Richard Behrendt, senior estate planner for Robert W. Baird and a former IRS attorney.
ESCAPING ESTATE TAX: Famous folk who have died this year
Families who live in areas with high property values are particularly vulnerable, says Clint Stretch, tax principal for Deloitte Tax who lives outside Washington, D.C. "People in my neighborhood bought a house for $32,000 in the '60s, and now it's worth $1 million," he says. "If they've got anything else, they would be paying an estate tax."
And for truly wealthy families, estate taxes could influence life-or-death decisions. But more on that later.
Congressional inaction
The roots of the estate tax disarray date back to 2001, when Congress voted to gradually raise the estate tax exemption while cutting income tax rates. The phase-out ended in repeal of the tax in 2010. But like the Bush administration's income tax cuts, the reduction in the estate tax is scheduled to expire at the end of this year.
Right up until the end of 2009, most estate tax attorneys expected Congress to step in and reinstate the tax. That didn't happen — raising doubts about whether Congress can agree on a fix that will prevent a more punitive tax from rising from the grave in 2011.
"Nine years ago I would have told you there was no chance we would have a year of repeal and no chance we would go back to the $1 million exemption," says Beth Kaufman, a partner with Caplin & Drysdale in Washington, D.C., and former associate tax legislative counsel for Treasury's Office of Tax Policy. "Now that we've gotten to the year of repeal, it's hard to say that something is impossible anymore."
Historically, wealthy individuals have used a variety of strategies to mitigate estate taxes, including giving away a large portion of their wealth while they're still alive. Individuals can give their children, relatives and others up to $1 million during their lifetimes without incurring federal gift taxes, Kaufman says. In addition, individuals can give away an annual amount without reducing their exemption for gift or estate taxes. In 2010, the annual gift tax exclusion is $13,000 per recipient and individuals can give away that amount to as many people as they want. Many wealthy families also reduce the size of their taxable estates by giving money and other assets to charity.
But those strategies aren't practical for families who have most of their wealth tied up in their primary residences and retirement savings, Kaufman says. "You're not going to give away your house, because you're living in it," she says. Taking withdrawals from retirement plans will trigger income taxes, plus a 10% penalty if the plan owner is under 59½.
Proposed fixes
The Obama administration has proposed returning the estate tax to its 2009 level, with a $3.5 million exemption and a 45% rate on assets that exceed that amount. The House approved the administration's proposal last year, but Republican opponents blocked action in the Senate.
Last week Sens. Jon Kyl, R-Ariz., and Blanche Lincoln, D-Ark., re-introduced legislation that would exempt up to $5 million from estate taxes and impose a 35% tax rate on assets that exceed that amount.
"In just six short months, American taxpayers will face the largest tax hike in history unless Congress acts," Lincoln said in a statement. "It is estimated that more than a half-million American families will pay the estate tax over the next decade, and the lack of congressional action creates a tremendous amount of uncertainty for these families, small-business owners and farmers."
But political partisanship has made compromise increasingly difficult, says Melissa Montgomery-Fitzsimmons, director of wealth planning for First Western Trust Bank in Denver. "Given the fact that we're in an election year, the most likely thing to happen is that the laws will not change, and we will go back to $1 million of exemption and a 55% rate," she says.
Plus, reinstating the estate tax with a lower exemption would provide lawmakers with a back-door way to raise revenue, says Jason Smolen, an estate tax attorney at SmolenPlevy of Vienna, Va. "If you could do nothing and get more money, it's better than voting to raise taxes to get more money," he says.
Stretch is more optimistic that Congress will resolve the issue before the end of the year. He believes an estate tax with a higher threshold than $1 million — possibly somewhere between the one in the House-passed bill and the one proposed by Kyl and Lincoln — will be included in legislation preventing the middle-class tax cuts from expiring.
That legislation has real urgency, because without it, millions of middle-class Americans will see their taxes go up on Jan. 1, Stretch says. The higher taxes "would come out of people's paychecks almost immediately," he says. "If there's any sanity left in our political system, it will take care of middle-class tax cuts before January and at that moment in time they'll take care of estate tax."
Stretch says there's a good chance the House will extend the middle-class tax cuts and address the estate tax before the midterm elections, possibly as early as this month. But the Senate probably won't take up the issue until after the elections, he says.
Retroactive tax unlikely
In the meantime, the list of wealthy estates that will escape federal estate taxes will no doubt continue to grow. In addition to Steinbrenner, families of real estate magnate Walter Shorenstein, Texas pipeline tycoon Dan Duncan and Taco Bell founder Glen Bell will not have to worry about federal estate taxes. J.D. Salinger's heirs will also get a tax break, although establishing the value of the reclusive author's estate could take years.
"If there's ever a good time to die, 2010 is certainly it for the wealthy individual," Kaufman says.
Shortly after the estate tax expired, there was widespread speculation that Congress would reinstate it and make the tax retroactive to the beginning of 2010. But even if Congress agrees on an estate tax fix, it's unlikely lawmakers will be able to make it retroactive, Behrendt says. Families of billionaires who have died this year have the money and wherewithal to fight the tax all the way to the Supreme Court, he says.
"At some point, it becomes impractical to bring it (estate tax) back," Behrendt says. "George Steinbrenner's death in mid-July really underscores that reality."
Life-or-death tax implications
As repeal of the estate tax loomed at the end of 2009, wealthy families had an incentive to keep ailing parents or grandparents alive until Jan. 1. This year, in what sounds like an episode of Law & Order, heirs stand to benefit if wealthy benefactors die before midnight on Dec. 31. While outright homicide seems unlikely, estate-planning attorneys say they can envision situations in which the prospect of onerous estate taxes influences family members' decision to discontinue a relative's life support.
It could also cause some wealthy people with terminal illnesses to hasten their own demise, Behrendt says. "The fact is that our tax laws are influencing people's decision to live or die."
Wednesday, June 23, 2010
Life insurance and annuities: What's the difference?
Although both life insurance and annuities may be appropriate components of your short- and long-term financial strategy, they serve different purposes. Life insurance is designed to help provide financial protection for your beneficiaries, while annuities help provide a hedge against outliving your retirement savings.
Plan and purpose
The main purpose of life insurance is to help your family meet ongoing financial needs previously met by your income. Life insurance can help fill the financial gap left in the event you are no longer there. Common types of life insurance include whole life, term life and universal life. There are many different options and riders with each type.
Annuities are designed to help individuals convert assets into an income stream. In exchange for a purchase payment, or series of payments, the insurance company guarantees to pay a stream of income in the future. Although all guarantees are based upon the claims-paying ability of the issuing company, annuities are designed to help provide income that can last as long as you do.
Plan and purpose
The main purpose of life insurance is to help your family meet ongoing financial needs previously met by your income. Life insurance can help fill the financial gap left in the event you are no longer there. Common types of life insurance include whole life, term life and universal life. There are many different options and riders with each type.
Annuities are designed to help individuals convert assets into an income stream. In exchange for a purchase payment, or series of payments, the insurance company guarantees to pay a stream of income in the future. Although all guarantees are based upon the claims-paying ability of the issuing company, annuities are designed to help provide income that can last as long as you do.
Do u txt & drv?
In today's 24/7/365 world, staying connected is what it's all about. And text messaging, according to the CTIA, the international association for the wireless telecommunications industry, is increasingly how many people prefer to communicate today.* Maybe it's the allure of the rapid read and respond capability — even from behind the wheel of a moving vehicle.
The wheel in one hand, the phone in the other
In January 2010, the National Safety Council (NSC) released a report that estimates that at least 1.6 million crashes (28 percent of all crashes) are caused each year by drivers talking on cell phones and texting. If you're using your handheld device while driving, try these tips to break your habit:
Turn off the ringer so you won't be tempted to answer while driving. Let your voicemail pick up messages.
Place your handheld device out of reach so you can't use it to talk or text.
For more tips, go to the Department of Transportation's new Web site that aims to reduce distracted driving: http://www.distraction.gov.
Then go to http://txtresponsibly.org/oath/ and take the oath. It may save a life, even your own.
State laws vary
Cell phone use and text messaging laws vary state-by-state as more and more states and municipalities are banning specific distractions. So before you head out on vacation, visit http://www.ghsa.org/html/stateinfo/laws/cellphone_laws.html for current information on cell phone usage. And let's check your auto coverage soon to see if you're prepared for all those distracted drivers on our roads.
*http://ctia.org/advocacy/research/index.cfm/AID/10323
The wheel in one hand, the phone in the other
In January 2010, the National Safety Council (NSC) released a report that estimates that at least 1.6 million crashes (28 percent of all crashes) are caused each year by drivers talking on cell phones and texting. If you're using your handheld device while driving, try these tips to break your habit:
Turn off the ringer so you won't be tempted to answer while driving. Let your voicemail pick up messages.
Place your handheld device out of reach so you can't use it to talk or text.
For more tips, go to the Department of Transportation's new Web site that aims to reduce distracted driving: http://www.distraction.gov.
Then go to http://txtresponsibly.org/oath/ and take the oath. It may save a life, even your own.
State laws vary
Cell phone use and text messaging laws vary state-by-state as more and more states and municipalities are banning specific distractions. So before you head out on vacation, visit http://www.ghsa.org/html/stateinfo/laws/cellphone_laws.html for current information on cell phone usage. And let's check your auto coverage soon to see if you're prepared for all those distracted drivers on our roads.
*http://ctia.org/advocacy/research/index.cfm/AID/10323
How secure is your home?
Question: If you locked yourself out of your house, could you easily find a way in? If you answered yes, then a burglar could also answer yes. Many burglaries occur in the summer when people are away on vacation. Read on for a few tips that may help secure your home when you're not there. And you might want to print out the list of additional General Security Tips and keep it for future reference.
Take a security survey. Many local law enforcement agencies will provide a free survey of your property to help identify potential trouble spots. Another strategy is to put yourself into the mindset of a burglar. Walk through and around your home and keep asking yourself this question: If I were going to break in, how would I do it?
Get a dog. Dogs are great companions and even small dogs may make enough noise to help deter burglars.
Burglar alarms. A security alarm system can help keep your home safe from burglars — if you remember to turn it on.
Secure windows and doors. Easily visible locks on windows and doors may deter thieves. Make sure doors, windows and all frames are strong and in good condition.
Outside lighting. Good outdoor lighting is a crucial aspect of your home's security. Lighting can help to deter burglars and eliminate potential hiding spots.
Gardens, gates and fences. Check for weak spots in gates and fences and potential hiding spots provided by shrubs.
Keys. Don't leave a spare key in a convenient hiding place such as under the doormat or in a flowerpot — thieves often look there first.
No matter how secure your residence is, if a professional burglar has targeted your home and is determined to break in, the unthinkable may still happen. Be prepared: Create and maintain a detailed household inventory. And call me: I can give you information that may help you determine if you have adequate insurance coverage on your home and belongings.
General Security Tips1
1.Arrange to have a member of a law enforcement agency do a professional survey.
2.Keep all trees and shrubs pruned and well maintained to prevent anyone from hiding unseen.
3.Make sure that no trees, downpipes or latticework provide easy access to upper floors.
4.If you have skylights, make sure they can't be removed from the outside or easily broken.
5.Don't leave ladders or tools outside; they may assist a potential intruder.
6.Don't hide house keys outside where they're likely to be found.
7.Keep your home well lighted with particular attention to exterior doors.
8.Exterior doors should be at least 1¾ inches thick, made from solid wood or reinforced with metal.
9.All exterior doors should have heavy duty dead bolts and reinforced door jams.
10.Make sure no one can gain easy access through a mail slot, dryer vent or pet entrance.
11.If doors have glass panels, make sure no one can break through and defeat the locking mechanism.
12.Protect all sliding glass doors so they can't be easily lifted out of their frames.
13.Check that all exterior lights and security devices are in good working order.
14.If you have an attached garage, make sure the door leading to the house has a dead bolt.
15.Make sure your overhead door has a working electronic door opener.
16.Make sure your overhead door doesn't have any loose, broken or missing door panels or hardware.
17.Keep the overhead doors closed, and your car locked inside the garage.
18.Make sure all windows have reinforced locking devices that can be secured in the open position.
19.Install reinforced locks on all screens and storm windows.
20.Install guards or grates on all ground level windows.
21.Make sure that basement windows are glass block or protected by grates or security devices.
Take a security survey. Many local law enforcement agencies will provide a free survey of your property to help identify potential trouble spots. Another strategy is to put yourself into the mindset of a burglar. Walk through and around your home and keep asking yourself this question: If I were going to break in, how would I do it?
Get a dog. Dogs are great companions and even small dogs may make enough noise to help deter burglars.
Burglar alarms. A security alarm system can help keep your home safe from burglars — if you remember to turn it on.
Secure windows and doors. Easily visible locks on windows and doors may deter thieves. Make sure doors, windows and all frames are strong and in good condition.
Outside lighting. Good outdoor lighting is a crucial aspect of your home's security. Lighting can help to deter burglars and eliminate potential hiding spots.
Gardens, gates and fences. Check for weak spots in gates and fences and potential hiding spots provided by shrubs.
Keys. Don't leave a spare key in a convenient hiding place such as under the doormat or in a flowerpot — thieves often look there first.
No matter how secure your residence is, if a professional burglar has targeted your home and is determined to break in, the unthinkable may still happen. Be prepared: Create and maintain a detailed household inventory. And call me: I can give you information that may help you determine if you have adequate insurance coverage on your home and belongings.
General Security Tips1
1.Arrange to have a member of a law enforcement agency do a professional survey.
2.Keep all trees and shrubs pruned and well maintained to prevent anyone from hiding unseen.
3.Make sure that no trees, downpipes or latticework provide easy access to upper floors.
4.If you have skylights, make sure they can't be removed from the outside or easily broken.
5.Don't leave ladders or tools outside; they may assist a potential intruder.
6.Don't hide house keys outside where they're likely to be found.
7.Keep your home well lighted with particular attention to exterior doors.
8.Exterior doors should be at least 1¾ inches thick, made from solid wood or reinforced with metal.
9.All exterior doors should have heavy duty dead bolts and reinforced door jams.
10.Make sure no one can gain easy access through a mail slot, dryer vent or pet entrance.
11.If doors have glass panels, make sure no one can break through and defeat the locking mechanism.
12.Protect all sliding glass doors so they can't be easily lifted out of their frames.
13.Check that all exterior lights and security devices are in good working order.
14.If you have an attached garage, make sure the door leading to the house has a dead bolt.
15.Make sure your overhead door has a working electronic door opener.
16.Make sure your overhead door doesn't have any loose, broken or missing door panels or hardware.
17.Keep the overhead doors closed, and your car locked inside the garage.
18.Make sure all windows have reinforced locking devices that can be secured in the open position.
19.Install reinforced locks on all screens and storm windows.
20.Install guards or grates on all ground level windows.
21.Make sure that basement windows are glass block or protected by grates or security devices.
Saturday, May 22, 2010
Top 10 Webistes for "Insurance Jobs"
Are You Finding "Insurance Jobs"?
The following is just the recommended ten websites for review about Insurance Jobs that may help you to find the Insurance Jobs...
1.INSURANCE JOBS .com - claims adjusters sales underwriting ...
Insurance Jobs by Top Insurance Companies and Recruiters! Search Insurance Careers Submit Resume. Claims Jobs and Adjuster Jobs, actuarial, insurance sales, ...
2.GREAT Insurance Jobs! Thousands of high-quality insurance jobs.
Insurance Jobs. Further your insurance career -- Search thousands of high-quality insurance jobs from top insurance companies in the United States and ...
3.Insurance Jobs | Broking & claims jobs | Choose from 923 live ...
Search for your next job from 923 live vacancies, or upload your CV now and let employers find you.
4.Insurance Jobs - Financial Services Jobs - Insurance Recruitment ...
Insurance Jobs, Insurance Recruitment and Financial Services Jobs Portal for the UK. 1000's of insurance jobs / financial jobs from insurance recruitment ...
5.Insurance Jobs | Insurance Job, Insurance Employment, Insurance ...
Ultimate Insurance Jobs specializes in insurance jobs, insurance employment, insurance positions, insurance careers and insurance opportunities.
6.General Insurance jobs, General Insurance careers & Recruitment at ...
Insurance jobs and careers at reed.co.uk. Find vacancies for actuaries, brokers, claims, underwriters, personal lines and other General Insurance roles. ...
7.The Premier Insurance Job Search website - Insurance Workforce
Insurance Workforce. Simply the best insurance job site since 2001, new jobs daily. Insurance Workforce lists 1000s of insurance jobs with free resume ...
8.Insurance Jobs | Indeed.com
Job search for 592543 Insurance Jobs at indeed.com. one search. all jobs.
9.Allstate Careers - Join the Allstate Community - Search Jobs or ...
Search Jobs and Apply - Your Future Awaits You! ... No insurance background or franchise fees required! women with calculator ...
10.Insurance Jobs, Insurance Careers, Insurance Employment and ...
Insurance Jobs and Insurance Careers. Looking for a job in the insurance field, then InsuranceWorks.ca is your source for insurance careers and insurance ...
The following is just the recommended ten websites for review about Insurance Jobs that may help you to find the Insurance Jobs...
1.INSURANCE JOBS .com - claims adjusters sales underwriting ...
Insurance Jobs by Top Insurance Companies and Recruiters! Search Insurance Careers Submit Resume. Claims Jobs and Adjuster Jobs, actuarial, insurance sales, ...
2.GREAT Insurance Jobs! Thousands of high-quality insurance jobs.
Insurance Jobs. Further your insurance career -- Search thousands of high-quality insurance jobs from top insurance companies in the United States and ...
3.Insurance Jobs | Broking & claims jobs | Choose from 923 live ...
Search for your next job from 923 live vacancies, or upload your CV now and let employers find you.
4.Insurance Jobs - Financial Services Jobs - Insurance Recruitment ...
Insurance Jobs, Insurance Recruitment and Financial Services Jobs Portal for the UK. 1000's of insurance jobs / financial jobs from insurance recruitment ...
5.Insurance Jobs | Insurance Job, Insurance Employment, Insurance ...
Ultimate Insurance Jobs specializes in insurance jobs, insurance employment, insurance positions, insurance careers and insurance opportunities.
6.General Insurance jobs, General Insurance careers & Recruitment at ...
Insurance jobs and careers at reed.co.uk. Find vacancies for actuaries, brokers, claims, underwriters, personal lines and other General Insurance roles. ...
7.The Premier Insurance Job Search website - Insurance Workforce
Insurance Workforce. Simply the best insurance job site since 2001, new jobs daily. Insurance Workforce lists 1000s of insurance jobs with free resume ...
8.Insurance Jobs | Indeed.com
Job search for 592543 Insurance Jobs at indeed.com. one search. all jobs.
9.Allstate Careers - Join the Allstate Community - Search Jobs or ...
Search Jobs and Apply - Your Future Awaits You! ... No insurance background or franchise fees required! women with calculator ...
10.Insurance Jobs, Insurance Careers, Insurance Employment and ...
Insurance Jobs and Insurance Careers. Looking for a job in the insurance field, then InsuranceWorks.ca is your source for insurance careers and insurance ...
Tuesday, May 4, 2010
Do it yourself Retirement Planning?
Planning a vacation, decorating your house, refinishing an old piece of furniture…
sometimes it’s fun to do it yourself. But when it comes to your retirement, it pays to talk to a
professional.
As a Farmers Insurance and Financial Services Agent, I can give you – in everyday language –
the professional perspective you need to help you build a solid retirement plan. You’ll get help
with important investment decisions, learn about tax-advantaged strategies, and learn about the
advantages of consolidating your various financial accounts, so you’re in better control of your
retirement.
Farmers Financial Solutions has relationships with some of the most respected investment
companies in the country. But it’s the professional service your agent provides that sets us
apart from other companies.
Don’t go it alone. Americans are living longer and spending more years in retirement than ever –
so your savings and investments will need to last. Call me today at (888) 995-9098 EXT 7
P.S. Even if you already have a financial advisor, it pays to have a second opinion. There’s no obligation whatsoever.
Securities offered through Farmers Financial Solutions, LLC,
30801 Agoura Rd. Bldg. 1 Agoura Hills, CA 91301. Member FINRA & SIPC
This listing is intended for informational purposes only and does not constitute an offer to sell or an offer to buy any product. This site is published in the United States for U.S. residents only.
This information and the products and services described here are intended only for individuals residing in a state where the agent is properly licensed
sometimes it’s fun to do it yourself. But when it comes to your retirement, it pays to talk to a
professional.
As a Farmers Insurance and Financial Services Agent, I can give you – in everyday language –
the professional perspective you need to help you build a solid retirement plan. You’ll get help
with important investment decisions, learn about tax-advantaged strategies, and learn about the
advantages of consolidating your various financial accounts, so you’re in better control of your
retirement.
Farmers Financial Solutions has relationships with some of the most respected investment
companies in the country. But it’s the professional service your agent provides that sets us
apart from other companies.
Don’t go it alone. Americans are living longer and spending more years in retirement than ever –
so your savings and investments will need to last. Call me today at (888) 995-9098 EXT 7
P.S. Even if you already have a financial advisor, it pays to have a second opinion. There’s no obligation whatsoever.
Securities offered through Farmers Financial Solutions, LLC,
30801 Agoura Rd. Bldg. 1 Agoura Hills, CA 91301. Member FINRA & SIPC
This listing is intended for informational purposes only and does not constitute an offer to sell or an offer to buy any product. This site is published in the United States for U.S. residents only.
This information and the products and services described here are intended only for individuals residing in a state where the agent is properly licensed
Friday, April 30, 2010
Saturday, April 24, 2010
Why is an Annual Insurance Review Important?
Just ask professional wrestler Hulk Hogan......
Published: April 22, 2010
Updated: 04/22/2010 01:07 pm
CLEARWATER - Professional wrestler Hulk Hogan claimed in a lawsuit filed today that his insurance company failed to upgrade his coverage when his exposure to risk grew, leaving him inadequately insured when his teenage son Nick Bollea got into a wreck that left a passenger grievously injured.
As a result, Hogan, whose real name is Terry Bollea, had to use some of his own money to settle out-of-court a lawsuit filed by the estate of the passenger, John Graziano, because Hogan's insurance was inadequate, the seven-page lawsuit says.
The suit was filed against Wells Fargo Southeast, which has been subsumed by Wells Fargo USA. The company has provided Hogan insurance for nearly 10 years, with coverage for his homes, boats, watercraft and motor vehicles.
The company has collected tens of thousands of dollars in premiums from Hogan and routinely promised to minimize the celebrity's risk, the lawsuit says. Despite Hogan's substantial wealth, however, the company never advised him to increase his insurance or buy an umbrella policy, two avenues the company could have pursued.
One reason to increase Hogan's insurance, Hogan claims, is that his risk grew considerably when his children became teenagers and were able to drive his various cars, the lawsuit says.
"Wells Fargo Southeast had a duty to perform an ongoing insurance evaluation and, at the very least, a yearly or biannual insurance review with Hogan, complete with professional advice and coverage recommendations," the lawsuit says.
"Such a review would have demonstrated that Hogan required an excess/umbrella policy in an amount that appropriately corresponded to his substantial assets and the risk to which they were exposed," the lawsuit says.
"Each time a teenage driver, a vehicle, a watercraft or a piece of real estate was added to Hogan's insurance policies, Hogan's risk increased; however, his insurance coverage remained woefully inadequate, and Wells Fargo Southeast still failed to consult Hogan regarding the advisability of increased coverage and an excess/umbrella policy," the lawsuit says.
Graziano suffered a severe brain injury Aug. 26, 2007, when a car driven by Nick Bollea crashed into a palm tree in Clearwater while Bollea was racing with a friend, authorities have said. Bollea served 166 days in jail after he pleaded no contest to a reckless driving charge.
Graziano's medical bills and continuing care far exceeded the policy limits of $250,000 per person, Hogan's lawsuit says. With no additional insurance, Hogan's fortune then of roughly $30 million was exposed and unprotected, the lawsuit says.
In addition, Hogan had signed for his son's driver's license, which exposed him as an individual to liability, the lawsuit says. Wells Fargo Southeast should have known this, the lawsuit says.
Had Wells Fargo Southeast adequately insured him, Hogan says he would not have had to dip into his personal fortune to settle the lawsuit filed by Graziano's guardian, Hogan's lawsuit says. The amount of that settlement has never been disclosed.
The lawsuit filed today represents at least the second one Hogan has filed in connection with the wreck. In September, he filed a lawsuit against two of his attorneys, claiming they wrongly charged him more than $1 million in legal fees after agreeing to defend him against the suit filed by Graziano's guardian.
That lawsuit has been settled out of court.
Published: April 22, 2010
Updated: 04/22/2010 01:07 pm
CLEARWATER - Professional wrestler Hulk Hogan claimed in a lawsuit filed today that his insurance company failed to upgrade his coverage when his exposure to risk grew, leaving him inadequately insured when his teenage son Nick Bollea got into a wreck that left a passenger grievously injured.
As a result, Hogan, whose real name is Terry Bollea, had to use some of his own money to settle out-of-court a lawsuit filed by the estate of the passenger, John Graziano, because Hogan's insurance was inadequate, the seven-page lawsuit says.
The suit was filed against Wells Fargo Southeast, which has been subsumed by Wells Fargo USA. The company has provided Hogan insurance for nearly 10 years, with coverage for his homes, boats, watercraft and motor vehicles.
The company has collected tens of thousands of dollars in premiums from Hogan and routinely promised to minimize the celebrity's risk, the lawsuit says. Despite Hogan's substantial wealth, however, the company never advised him to increase his insurance or buy an umbrella policy, two avenues the company could have pursued.
One reason to increase Hogan's insurance, Hogan claims, is that his risk grew considerably when his children became teenagers and were able to drive his various cars, the lawsuit says.
"Wells Fargo Southeast had a duty to perform an ongoing insurance evaluation and, at the very least, a yearly or biannual insurance review with Hogan, complete with professional advice and coverage recommendations," the lawsuit says.
"Such a review would have demonstrated that Hogan required an excess/umbrella policy in an amount that appropriately corresponded to his substantial assets and the risk to which they were exposed," the lawsuit says.
"Each time a teenage driver, a vehicle, a watercraft or a piece of real estate was added to Hogan's insurance policies, Hogan's risk increased; however, his insurance coverage remained woefully inadequate, and Wells Fargo Southeast still failed to consult Hogan regarding the advisability of increased coverage and an excess/umbrella policy," the lawsuit says.
Graziano suffered a severe brain injury Aug. 26, 2007, when a car driven by Nick Bollea crashed into a palm tree in Clearwater while Bollea was racing with a friend, authorities have said. Bollea served 166 days in jail after he pleaded no contest to a reckless driving charge.
Graziano's medical bills and continuing care far exceeded the policy limits of $250,000 per person, Hogan's lawsuit says. With no additional insurance, Hogan's fortune then of roughly $30 million was exposed and unprotected, the lawsuit says.
In addition, Hogan had signed for his son's driver's license, which exposed him as an individual to liability, the lawsuit says. Wells Fargo Southeast should have known this, the lawsuit says.
Had Wells Fargo Southeast adequately insured him, Hogan says he would not have had to dip into his personal fortune to settle the lawsuit filed by Graziano's guardian, Hogan's lawsuit says. The amount of that settlement has never been disclosed.
The lawsuit filed today represents at least the second one Hogan has filed in connection with the wreck. In September, he filed a lawsuit against two of his attorneys, claiming they wrongly charged him more than $1 million in legal fees after agreeing to defend him against the suit filed by Graziano's guardian.
That lawsuit has been settled out of court.
Friday, April 16, 2010
TD Bank Buys 3 Failed Banks in Florida
The Wall Street Journal, Robin Sidel, 16 April 2010Canada's TD Bank Financial Group, accelerating its march on the U.S. banking industry, gobbled up the operations of three failed institutions in Florida.Regulators also seized two small banks in Michigan and Massachusetts, representing the first bank failures of the year in those two states. So far this year, 47 banks have failed in the U.S.In
Tuesday, April 13, 2010
Do "empty Nesters" need Life Insurance?
Quite possibly. In fact, there are many reasons why you may want to consider life insurance after your children have left home:
To help meet goals
If your children are in college and/or not completely financially independent, life insurance may help "finish the job." Although you may have provided for tuition, what about your kids' ongoing living expenses (e.g., room and board, laundry, entertainment/activity costs, etc.)? And, while Social Security benefit payments for your surviving spouse and children may be available, they stop when your kids leave high school.*
To support other dependents
If you have parents, disabled adult children or others who depend on you for financial support, life insurance could help continue this support if you die before they do.
To offset "lost" retirement savings
If you die unexpectedly before retirement, your Social Security survivors' benefits and pension, if you have one, are based on your salary at that time. And your retirement savings contributions stop, of course. If you're early or even midway in your career, that might create a big gap between needs and resources. A life insurance policy may help fill that gap.
To meet commitments based on two incomes
Most two-earner couples make financial commitments (e.g., home mortgage, loans, leases, etc.) based on their combined income. Life insurance covering each earner may help the survivor continue to meet those commitments.
To pay final expenses
Perhaps you don't have enough savings available to pay for funeral and burial costs, final medical expenses, estate administration and transfer costs, and federal and state income and estate taxes.† Life insurance may help cover these costs, which can easily reach tens of thousands of dollars.
To create a financial "safety net"
Conventional wisdom says each household should have an "emergency fund" to meet surprise unavoidable outlays. If you don't have an emergency fund and something happens to you, it might be more difficult for your family to obtain immediate cash. Life insurance may help solve this problem.
To offset lost income if a spouse dies after beginning Social Security retirement benefits
When a couple retires and begins receiving Social Security retirement benefits, each one receives an income. The earner with the larger pre-retirement income gets a benefit based on that income, and the person with the smaller (or no) pre-retirement income gets either a benefit based on his or her own earnings record or half of the spouse's Social Security benefit, whichever is greater. When one spouse dies, the larger retirement benefit continues but the second benefit stops. Life insurance may help offset this income drop.
To provide for your charities
Life insurance can be an effective way to make a final gift to your favorite charity.
For Additional Information on Insurance visit us at www.clementeinsurance.com
Carjacking can happen anywhere!
Can you imagine someone stealing your motor vehicle while you're in it? That's a very scary thought, yet it happens to thousands of motorists every year.* You can help reduce the risk of being carjacked if you stay alert, avoid dangerous situations and places, drive defensively and keep your car locked. Read on for some valuable information that may help keep you and your family out of harm's way.
Stay alert. Whenever you enter or exit your car or stop your car and remain in it, vigilance is the key to safety. So remain alert at stop signs, red lights, in front of electronic gates or in your driveway.
Driveway precautions. Don't let your guard down, assuming you're safe just because you've reached your own driveway. In fact, don't even pull into your driveway if you think you're being followed by a car you don't recognize. Instead, drive around the block, and if you are being followed, head to the nearest police or fire station. If you have a cell phone, use it to call 911 for help.
Stay alert. Whenever you enter or exit your car or stop your car and remain in it, vigilance is the key to safety. So remain alert at stop signs, red lights, in front of electronic gates or in your driveway.
Driveway precautions. Don't let your guard down, assuming you're safe just because you've reached your own driveway. In fact, don't even pull into your driveway if you think you're being followed by a car you don't recognize. Instead, drive around the block, and if you are being followed, head to the nearest police or fire station. If you have a cell phone, use it to call 911 for help.
Red light and stop sign precautions. Whenever you are at a stop sign, intersection or red light, keep your windows closed and leave enough room between you and the vehicle in front of you to allow you to escape, if necessary. Rule of thumb: Make sure you can see the entire back of the vehicle in front of you including its tires. This will allow you to maneuver your car easily if you need to pull away quickly.
Behaviors to avoid. Don't let people know you have money. Remain alert when you walk to your car from a shopping center with a bunch of bags. Try not to wear any flashy jewelry when running errands. Carjackers wait for these opportunities and then take advantage of them.
The bottom line: Constant vigilance can help to reduce the risk of carjacking.
*Source: http://survivalx.com/driving/carjacking.html
There's no place like home - How safe is yours?
- Your home may be your castle — but it also can be a very hazardous place. We become so accustomed to our homes that we often overlook potentially dangerous habits and situations. Here are a few simple steps that may help prevent many common household accidents:
Keep stairs clearly lit. Stairs are one of the most dangerous spots in your home.
Help prevent falls. Install grab bars in tubs and showers and use non-slip mats. Have bright lights over stairs and on landings. Keep them well lit and clear of boxes, furniture and other tripping hazards.
Help prevent poisoning. Keep cleaners, medications and beauty products where children can't reach them. Use child safety locks. Call (800) 222-1222 for information about poisons. If anyone ingests or inhales poison, call 911 immediately.
Help prevent fires, burns and inhalation hazards. Check all smoke, fire and carbon monoxide alarms regularly and hold family fire drills. If you build a new home or renovate an existing home, consider installing fire sprinklers. When cooking, stay at your stove. To help prevent scalding, set your hot water heater at 120°F.
Help prevent choking and suffocation. Any item that can fit through a toilet paper tube can choke a young child. Keep coins, latex balloons and hard round foods, such as peanuts and hard candy, where children cannot see or touch them. Pediatricians recommend placing babies to sleep on their backs without pillows, blankets, comforters or toys in cribs.* When your children are in or near water, watch them very carefully and stay close enough to touch them at all times. This includes bathtubs, toilets, pools, spas and even buckets of water.
The best way to handle an emergency is to be prepared. Make sure you have an emergency phone list posted by each phone in your house. I can give you a sample list so call me and start making your home safer today.
Stair safety
Here are tips that may help you and your family navigate your steps safely:
Install a light switch at the top and bottom of stairs.
Make sure handrails run the full length of the staircase.
Fix loose stair carpeting immediately.
Don't use throw rugs at the top or bottom of a flight of stairs.
If you intend to paint basement stairs, add some sand to the paint for a better grip or install rubber or abrasive treads.
Make sure the outside of your house is well lit or paint the edges of outside steps white so they can be seen in the dark.
*Source: U.S. Surgeon General's Office: http://www.surgeongeneral.gov/pressreleases/sg05052005.html.
Four Types of Insurance
Fundamentally you are a moment ago a collection of danger. May You Trust That You Do not should insurance for you or for your family and That You will take your chances on staying healthy and safe Risk But taking this cost you Everything That Could Have Worked for you. The Following are the basic forms of insurance That Should Have Every person Regardless of Their race, age, or Nationality and
Four Types of Insurance
Fundamentally you are a moment ago a collection of danger. May You Trust That You Do not should insurance for you or for your family and That You will take your chances on staying healthy and safe Risk But taking this cost you Everything That Could Have Worked for you. The Following are the basic forms of insurance That Should Have Every person Regardless of Their race, age, or Nationality and
Four Types of Insurance
Fundamentally you are a moment ago a collection of danger. May You Trust That You Do not should insurance for you or for your family and That You will take your chances on staying healthy and safe Risk But taking this cost you Everything That Could Have Worked for you. The Following are the basic forms of insurance That Should Have Every person Regardless of Their race, age, or Nationality and
Sunday, April 11, 2010
Travel Insurance - Compare different offers for a large number
Buy travel insurance is something that most people struggle with. The key to choosing travel insurance is not trapped in the mass of available companies. There are literally hundreds of companies to choose from, but you only want one. Your travel insurance company should be all you need to be, here are some things you can do to make your choice.You can get many quotes directly from the Internet
Travel Insurance - Compare different offers for a large number
Buy travel insurance is something that most people struggle with. The key to choosing travel insurance is not trapped in the mass of available companies. There are literally hundreds of companies to choose from, but you only want one. Your travel insurance company should be all you need to be, here are some things you can do to make your choice.You can get many quotes directly from the Internet
Travel Insurance - Compare different offers for a large number
Buy travel insurance is something that most people struggle with. The key to choosing travel insurance is not trapped in the mass of available companies. There are literally hundreds of companies to choose from, but you only want one. Your travel insurance company should be all you need to be, here are some things you can do to make your choice.You can get many quotes directly from the Internet
How it relates to the financing of long-term care and planning
As a result of the Pension Protection Act of 2006, which came into force on January 1, 2010, insured with specially designed incomes have the ability to take cash withdrawals for qualified expenses value of long-term care, tax-free income, regardless of the cost base. Benefit payments to insurance brokers and cash withdrawals LTC value to pay for LTC insurance premiums are not taxable.The Act
How it relates to the financing of long-term care and planning
As a result of the Pension Protection Act of 2006, which came into force on January 1, 2010, insured with specially designed incomes have the ability to take cash withdrawals for qualified expenses value of long-term care, tax-free income, regardless of the cost base. Benefit payments to insurance brokers and cash withdrawals LTC value to pay for LTC insurance premiums are not taxable.The Act
How it relates to the financing of long-term care and planning
As a result of the Pension Protection Act of 2006, which came into force on January 1, 2010, insured with specially designed incomes have the ability to take cash withdrawals for qualified expenses value of long-term care, tax-free income, regardless of the cost base. Benefit payments to insurance brokers and cash withdrawals LTC value to pay for LTC insurance premiums are not taxable.The Act
Friday, March 26, 2010
Buyer Beware - Does your General Liability Coverage have a manifestation clause?
In the competitive market of insurance, brokers are always looking to come to the table with a lower premium then the competitor. One way they do this is by quoting a General Liability policy with a manifestation clause, but not disclosing the clause!
A normal full occurrence policy as long as the work was done during the insured's policy period a claim has up to 10 years to manifest itself and for claim to be filed. However when a manifestation clause is placed on a policy it limits this to the claim must manifest itself with the insured's policy period. If the claim manifests itself after the policy period the claim will not be covered. It basically turns a policy into claims made policy except they can say it’s an occurrence policy and they usually leave out the fact it has a manifestation clause.
Example:
Full occurrence policy without manifestation clause- June of 2007 a plumber fixes a pipe in a residence. August 2007 their general liability policy expires. Sept 2007 the pipe leaks due to being welded wrong the home owner files claim against the plumber’s insurance company and because they were covered when the work was done in June claim is paid out.
Policy with a manifestation clause- June of 2007 a plumber fixes pipe in residence. August their general liability policy expires. Sept 2007 the pipe leaks due to being welded wrong the home owner files claim against the plumbers insurance company and it is denied because of insured's *manifestation clause*. Although the work was done in June and the plumber had coverage at that time, the cause of claim did not manifest itself until Sept and their policy expired in August. If the pipe had leaked in August they "may* have paid claim.
for a free review of your insurance visit us at www.preferredamerican.com or www.clementeinsurance.com
A normal full occurrence policy as long as the work was done during the insured's policy period a claim has up to 10 years to manifest itself and for claim to be filed. However when a manifestation clause is placed on a policy it limits this to the claim must manifest itself with the insured's policy period. If the claim manifests itself after the policy period the claim will not be covered. It basically turns a policy into claims made policy except they can say it’s an occurrence policy and they usually leave out the fact it has a manifestation clause.
Example:
Full occurrence policy without manifestation clause- June of 2007 a plumber fixes a pipe in a residence. August 2007 their general liability policy expires. Sept 2007 the pipe leaks due to being welded wrong the home owner files claim against the plumber’s insurance company and because they were covered when the work was done in June claim is paid out.
Policy with a manifestation clause- June of 2007 a plumber fixes pipe in residence. August their general liability policy expires. Sept 2007 the pipe leaks due to being welded wrong the home owner files claim against the plumbers insurance company and it is denied because of insured's *manifestation clause*. Although the work was done in June and the plumber had coverage at that time, the cause of claim did not manifest itself until Sept and their policy expired in August. If the pipe had leaked in August they "may* have paid claim.
for a free review of your insurance visit us at www.preferredamerican.com or www.clementeinsurance.com
Take a Good College Insurance Package
For this particular reason, you need to gather a college insurance plan for the protection of your own healthcare. There are different sorts of insurance packages and it will vary from one college campus to another. You need to collect the current information and data about pros and cons of the college health insurance package before getting locked into the agreement or contract. One important
Take a Good College Insurance Package
For this particular reason, you need to gather a college insurance plan for the protection of your own healthcare. There are different sorts of insurance packages and it will vary from one college campus to another. You need to collect the current information and data about pros and cons of the college health insurance package before getting locked into the agreement or contract. One important
Take a Good College Insurance Package
For this particular reason, you need to gather a college insurance plan for the protection of your own healthcare. There are different sorts of insurance packages and it will vary from one college campus to another. You need to collect the current information and data about pros and cons of the college health insurance package before getting locked into the agreement or contract. One important
Thursday, March 25, 2010
The Ultimate Love Letter!
LIFE INSURANCE ISN’T FOR YOU.
IT’S FOR THOSE YOU LOVE.
We often don’t think of ourselves as an asset, but in fact, we are likely the most important asset our family has. You have business, auto, homeowners, and health insurance. Have you considered how your family would be affected from not only losing you, but from the loss of income you provide them on an ongoing basis.
We often don’t think of life insurance in those terms, but the truth is if we were gone tomorrow, your families would not only suffer a tragic loss, but we would no longer be there to provide for them… ever. Life insurance can give you peace of mind knowing your family is able to go on living in the home you lived in together, your kids can go to the college you’d always talked about them attending, and they may not have the lasting financial hardship that can devastate an already suffering family.
IT’S FOR THOSE YOU LOVE.
We often don’t think of ourselves as an asset, but in fact, we are likely the most important asset our family has. You have business, auto, homeowners, and health insurance. Have you considered how your family would be affected from not only losing you, but from the loss of income you provide them on an ongoing basis.
We often don’t think of life insurance in those terms, but the truth is if we were gone tomorrow, your families would not only suffer a tragic loss, but we would no longer be there to provide for them… ever. Life insurance can give you peace of mind knowing your family is able to go on living in the home you lived in together, your kids can go to the college you’d always talked about them attending, and they may not have the lasting financial hardship that can devastate an already suffering family.
Friday, March 19, 2010
Health Insurance For Tourists
Your current health insurance plan may leave you with expensive medical bills for injuries and illnesses that occur while traveling abroad due to network restrictions. If your plan doesn't cover incidents that occur internationally, then you'll want to be sure to purchase tourist insurance before departing.With insurance companies adding more restrictions to where and who policyholders can get
Health Insurance For Tourists
Your current health insurance plan may leave you with expensive medical bills for injuries and illnesses that occur while traveling abroad due to network restrictions. If your plan doesn't cover incidents that occur internationally, then you'll want to be sure to purchase tourist insurance before departing.With insurance companies adding more restrictions to where and who policyholders can get
Health Insurance For Tourists
Your current health insurance plan may leave you with expensive medical bills for injuries and illnesses that occur while traveling abroad due to network restrictions. If your plan doesn't cover incidents that occur internationally, then you'll want to be sure to purchase tourist insurance before departing.With insurance companies adding more restrictions to where and who policyholders can get
Review of Banks' Q1 2010 Earnings
Scotia Capital, 19 March 2010Strong Earnings, Ahead of Market Expectations• Canadian banks reported another quarter of strong operating results. Bank earnings again exceeded Street expectations for the fourth straight quarter, thus further confirming that the bottom in operating earnings this cycle was Q2/09, which coincided with what we believe was peak quarterly loan loss provisions. Operating
Friday, March 5, 2010
TD Bank Q1 2010 Earnings
Scotia Capital, 5 March 2010• TD reported an increase of 26% YOY to operating earnings of $1.60 per share, above expectations. Earnings were better than expected due to strong results from Canadian P&C and Wholesale Banking with credit quality stable. ROE was 15.5% with RRWA very high at 2.88%.Implications• Canadian P&C earnings were a record, increasing 23% YOY with revenue growth of 11% aided
Friday, February 19, 2010
Have you noticed your Auto Insurance Premiums Changing?
many Auto Insurance Companies have finally implemented the Prop 103 changes on how they rate customers for their auto insurance. In many cases for the insurance company, this ment they had to completely revise how they currently rated drivers.
Today, after implementing these requirements as required by law, many consumers are seeing a reduction in their rates, while others are seeing increases. It is still unknown the percentages of consumers having a positive benefit from the changes.
Why is this important?
Before most insurers, used garaging address(zip code) as a major factor in coming up with the premiums for the risk. The changes now require the major factor for rates to be the drivers record and miles driven.
Now most of the industry at the time, was telling consumers this will result in a rate increase. This is still true, depending on where you live. For example if you live in an area with higher risk for theft, accidents etc, you will probably see a rate reduction, if in turn you live in an area with lower risk you probably will see a slight increase.
Now that mileage is also a major factor, the same is true. It is important that when you speak to your insurance provider that you are conservative with your mileage estimates, just putting any # out there, can cost you in the pocket book!
Today, after implementing these requirements as required by law, many consumers are seeing a reduction in their rates, while others are seeing increases. It is still unknown the percentages of consumers having a positive benefit from the changes.
Why is this important?
Before most insurers, used garaging address(zip code) as a major factor in coming up with the premiums for the risk. The changes now require the major factor for rates to be the drivers record and miles driven.
Now most of the industry at the time, was telling consumers this will result in a rate increase. This is still true, depending on where you live. For example if you live in an area with higher risk for theft, accidents etc, you will probably see a rate reduction, if in turn you live in an area with lower risk you probably will see a slight increase.
Now that mileage is also a major factor, the same is true. It is important that when you speak to your insurance provider that you are conservative with your mileage estimates, just putting any # out there, can cost you in the pocket book!
What does Prop 103 Mean to you as a consumer?
Well to answer that question, you first must know what Prop 103 is.
Below is the information provided by the Dept of Insurance.
Proposition 103
Prop 103 was passed by California voters on November 8, 1988.
California is one of the fewer than a dozen prior-approval states in the nation.
Prop 103 was implemented by then Commissioner Garamendi.
Prior to Prop 103, California Department of Insurance (CDI) operated under McBride-Grunsky Insurance Regulatory Act. This act did not require insurance companies to file rates for approval except for health and life.
Prop 103 was authorized by the consumer and taxpayers union.
Rate Regulation and Prior Approval of Filings
Beginning November 8, 1989, property and casualty insurance rates had to be approved by the insurance commissioner prior to use.
Rate Filing Bureaus were created in the Rate Regulation Division on December 16, 1988 to implement provisions of Prop 103.
CDI has prior approval authority of insurer rates, not underwriting guidelines; however, CDI does review underwriting for compliance with existing regulations, e.g., for discriminatory or unfair practices.
In 2002, the Rate Regulation Division processed 7,770 filings.
Lines Regulated by Proposition 103
The following lines of insurance are regulated by Prop 103: Personal automobile, dwelling fire, earthquake, homeowners, inland marine, and umbrella, commercial aircraft, boiler and machinery, burglary and theft, business owners, earthquake, farm owners, some fidelity, fire, glass, , medical malpractice, miscellaneous, multi-peril, other liability, professional liability, special multi-peril, and coverage under the United States Longshoremen's & Harbor Workers' Compensation.
Act Rollback Provisions
Prop 103 required every insurer to reduce its rates at least 20% less than those rates that were in effect on November 8, 1987.
Since 1989, the Rate Regulation Division has been responsible for negotiating with insurance companies to meet their rollback obligations.
Public Notice
Prop 103 states that public notice must be given for all rate applications.
Deemer Provision
Prop 103 states that an application is deemed approved 60 days after public notice is given unless:
within 45 days of public notice, a consumer or consumer group requests and is granted a hearing or the commissioner determines not to grant the hearing and issues written support of that decision, or
the commissioner determines to hold a hearing, or
the proposed rate adjustment exceeds 7% of the then applicable rate for personal lines or 15% for commercial lines, in which case the commissioner must hold a hearing.
Public Viewing Rooms
Prop 103 states that all rating information provided to the commissioner must be available for public inspection.
Advisory Organizations
Prop 103 eliminated rating organizations.
Advisory organizations which still exist must file loss costs and forms with Rate Regulation Division.
Personal Automobile Rating Factors
Prop 103 requires personal automobile insurance rates be determined using the following primary factors: insured's driving safety record, number of miles driven annually, and number of years of driving experience insured has had, among others.
Good Driver Discount Provision
Prop 103 states that an insurer cannot refuse to write an applicant who qualifies for a good driver discount.
A good driver discount should be at least 20% below the rate the insured would otherwise have charged for the same coverage.
A good driver discount applies if all of the following criteria is met: licensed driver has not had more than one violation point during the past three years, was not the driver of motor vehicle that involved an accident which resulted in death or in total loss of damage exceeding $750, and was not principally at fault.
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Last Revised - June 20, 2008
Structured Settlements in the United States
Structured Settlements in the United States
Have you ever wondered if what you know about Structured Settlements in the United States is accurate? Consider the following paragraphs and compare what you know to the latest info on Structured Settlements in the United States.
Truthfully, the only difference between you and Structured Settlements in the United States experts is time. If you'll invest a little more time in reading, you'll be that much nearer to expert status when it comes to Structured Settlements in the United States.
The United States has enacted structured settlement laws and regulations at both the federal and state levels. Federal structured settlement laws include sections of the (federal) Internal Revenue Code. State structured settlement laws include structured settlement protection statutes and periodic payment of judgment statutes. Medicaid and Medicare laws and regulations affect structured settlements. To preserve a claimant’s Medicare and Medicaid benefits, structured settlement payments may be incorporated into “Medicare Set Aside Arrangements” “Special Needs Trusts."
Structured settlements have been endorsed by many of the nation's largest disability rights organizations, including the American Association of People with Disabilities and the National Organization on Disability.
In April 2009, financial writer Suze Orman wrote in a column that structured settlements "provide ongoing income and reduce the risk of blowing a lump sum through poor financial choices." In response to a reader's question, she added that financial security can be improved "if you use the structured payouts wisely."
Knowing enough about Structured Settlements in the United States to make solid, informed choices cuts down on the fear factor. If you apply what you've just learned about Structured Settlements in the United States, you should have nothing to worry about.
Have you ever wondered if what you know about Structured Settlements in the United States is accurate? Consider the following paragraphs and compare what you know to the latest info on Structured Settlements in the United States.
Truthfully, the only difference between you and Structured Settlements in the United States experts is time. If you'll invest a little more time in reading, you'll be that much nearer to expert status when it comes to Structured Settlements in the United States.
The United States has enacted structured settlement laws and regulations at both the federal and state levels. Federal structured settlement laws include sections of the (federal) Internal Revenue Code. State structured settlement laws include structured settlement protection statutes and periodic payment of judgment statutes. Medicaid and Medicare laws and regulations affect structured settlements. To preserve a claimant’s Medicare and Medicaid benefits, structured settlement payments may be incorporated into “Medicare Set Aside Arrangements” “Special Needs Trusts."
Structured settlements have been endorsed by many of the nation's largest disability rights organizations, including the American Association of People with Disabilities and the National Organization on Disability.
In April 2009, financial writer Suze Orman wrote in a column that structured settlements "provide ongoing income and reduce the risk of blowing a lump sum through poor financial choices." In response to a reader's question, she added that financial security can be improved "if you use the structured payouts wisely."
Knowing enough about Structured Settlements in the United States to make solid, informed choices cuts down on the fear factor. If you apply what you've just learned about Structured Settlements in the United States, you should have nothing to worry about.