Skip to content
  
  

Zxcoachoutlet

Business

Menu
  • business
  • finance
  • insurance
  • money
  • personal

Tag: Insiders

Insiders sound off on Florida insurance cost hikes

October 10, 2020
| No Comments
| insurance

As home insurance prices are poised to increase sharply, the South Florida Sun Sentinel asked leading insurance experts to provide their views of the disintegrating state of the market. Here’s what they had to say. Responses have been edited for length and clarity.

Locke Burt, president and CEO, Security First Insurance Co.

Insurance cost drivers are well known and have been reported before — bad weather, increased reinsurance costs, shady contractors, aggressive plaintiffs bar with a favorable legal environment, water losses, fraud. What’s different is the trends seem to be accelerating and the Legislature has not done anything meaningful to change the trajectory of increased costs which, under Florida law, must be passed on to consumers in the required annual rate filings.

The private sector is shrinking and raising rates as fast as they can because the losses are not sustainable and the providers of additional investment capital simply do

… Read More

Read More »

Posted in %1$s Tagged %1$s

Lennar Stock Is Soaring. Insiders Have Stepped Up Sales.

October 3, 2020
| No Comments
| business

Text size

Home builder Lennar shares traded to record highs in the past week. Executives and directors have sold far more stock this year than last year.


Travis Dove/Bloomberg


Lennar

stock has soared to a record high, and insiders have dramatically stepped up sales of the home builder’s shares. Lennar executives and directors have sold more than $41 million of stock thus far in 2020, compared with $5.7 million in all of last year.

Lennar’s (ticker: LEN) Class A and B shares have both soared more than 50% year to date through Friday’s close, more than twice the rise in the

S&P Homebuilders Select Industry Index

(SPHOME), and trouncing the 3.6% gain in the

S&P 500 index,

a broad measure of the market. Lennar wasn’t a slouch in 2019, either. Class A and B shares both rose about 43%. That was just ahead of the 40% rise in the S&P

… Read More

Read More »

Posted in %1$s Tagged %1$s

Palantir insiders locked out of trading due to software glitch

October 1, 2020
| No Comments
| business

  • Palantir insiders were temporarily unable to sell shares Wednesday due to an issue with Morgan Stanley’s trading software, Shareworks, CNBC first reported and Shareworks confirmed to Business Insider.
  • The data-mining company went public Wednesday morning via a direct listing at $10 per share, but took a page from the traditional IPO process by having a “lock-up” period for existing investors.
  • Palantir still allowed those investors to sell up to 20% of their shares during the lock-up, but according to CNBC, some initially couldn’t take advantage of it because of a software glitch.
  • A spokesperson for Shareworks by Morgan Stanley told Business Insider the company “experienced slowness that may have resulted in delayed logins into our system” but that its call centers were able to execute trades “at all times.”
  • Palantir’s stock jumped as much as 14% per share in early hours, but dropped again later in the day.
  • Visit Business
… Read More

Read More »

Posted in %1$s Tagged %1$s

How Do I Get My Insurance Check Endorsed by My Mortgage Company? An Insider’s Guide

May 4, 2020
| No Comments
| insurance

A loss to your property, to say the least, is a complicated, time consuming process. Getting that insurance check (also called a Loss Draft) is often only half the battle. If you have a mortgage, your mortgage servicing company as well as the entities that invest in your loan (such as Fannie Mae and Freddie Mac) all have a say in how, when, and if they will agree to either place their endorsement on your check, or hold your check and disburse funds to you and your contractor to begin the needed repair work.

What do you mean they can hold my check? Why is it my mortgage company’s business?

When you signed the paperwork for your mortgage, there was undoubtedly a clause which required property insurance be kept in force on the property at all times, at the amounts demanded by the lender. If you don’t abide, the mortgage company … Read More

Read More »

Posted in %1$s Tagged %1$s

Recent Posts

  • Barrett says George Floyd video was ‘very personal’ for her family
  • M1 Finance closes $45M Series C mere months after it raised its $33M Series B
  • The Wake Up for Wednesday, Oct. 14, 2020
  • Business Leaders from Finance, Technology, Retail and Hospitality Call For Civility and Patience Ahead of The 2020 Election | News
  • Personal Preparedness is a Year-Round Commitment and More Important Than Ever

Archives

  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020

Categories

  • business
  • finance
  • insurance
  • money
  • personal
April 2021
M T W T F S S
 1234
567891011
12131415161718
19202122232425
2627282930  
« Oct    

Tags

Announces Bank Big billion Business Buy Car Company Coronavirus COVID19 deal Debate demand dollar finance Financial Global Group Growth Health Home insurance Investing Investors IPO Jobs Life Market Markets million money News Oil Pandemic personal Recovery report September shares Stimulus Stock stocks Talks Top Trump

About Us

  • Advertise Here
  • Contact Us
  • Privacy Policy
  • Sitemap

Hairstyle 2020 | All Rights Reserved.

Hairstyle theme by Flythemes