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Why So Many Forecasts Are Useless: Ritholtz

If you work in finance, you will invariably come across an example of single-variable analysis. Almost daily, we see terrible examples of this sort of analytic error, rife with logical weakness, yet offered with the highest degree of certainty. The …

Small Businesses Lobby for Export-Import Bank

If the battle over the U.S. Export-Import Bank is Washington’s latest political tempest, then Don Nelson from Bakersfield, California is aiming at the eye of the storm. Nelson’s small oilfield equipment company is part of new House Majority Leader Kevin …

Prince Charles Calls for Action on Climate Change at IIS Conference

HRH Charles, the Prince of Wales, addressed the International Insurance Society on Wednesday June 25th. Speaking to a full house, the heir to the British throne called the gathering “a vitally important meeting on climate change, disaster risk reduction, resilience …

More Drivers ‘Under the Influence’ Testing Positive for Multiple Drugs

Since 1993, the profile of a drugged driver has changed substantially. More drivers are now testing positive for prescription drugs, cannabis, and multiple drugs, and they are more likely to be older than 50, according to a study released in …

The Political Battle Over Export-Import Bank

A day before U.S. House Republicans were to vote on a new majority leader, lawmakers aligned with the limited-government Tea Party movement delivered a message to the leading candidate, Kevin McCarthy of California. They made clear to McCarthy at a …

Florida Agencies Acentria and Gateway Announce Intent to Merge

Two Florida independent insurance agencies — Acentria, Inc. and Gateway Insurance Agency, L.C. — announced they are merging. Gateway, which has serving Dade, Broward and West Palm Beach communities since 1952, is merging with Acentria, which has 10 Florida locations …

Another Climate Report Outlines Business Risks, Insurance Pitfalls

“Risky Business: The Economic Risks of Climate Change to the United States,” a report on climate change and how it will affect businesses, offers a variety of information on how a changing world will impact businesses and gross domestic product. …

As America Overall Ages with Boomers, Energy States See Youth Boom

Seven states, including five in the Great Plains, saw their median age decline between 2012 and 2013, according to U.S. Census Bureau estimates. At the same time, the median age for the U.S. as a whole ticked up from 37.5 …

New York Gov. Cuomo OKs More Speed Cameras in NYC, Long Island

More than 200 new speed cameras are authorized for school zones in New York City and Long Island under legislation signed into law Wednesday by Gov. Andrew Cuomo. The cameras will operate during and immediately before and after school activities. …

Electronic Proof of Auto Insurance Now Accepted in Delaware

Delaware Insurance Commissioner Karen Weldin Stewart is alerting drivers in Delaware that as of June 25, 2014, state law enforcement officials can accept proof of auto insurance (insurance ID card) in either physical or electronic format. Delaware House Bill 258 …

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