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"Why Post-COVID-19 Operations at a Small Life Insurer Look OK: Idea File"
From Think Advisor:
* The idea is that typical small and midsize life insurers might be in pretty good shape because of the disaster preparation efforts that life insurers have been making in response to earlier crisis situations, such as the Sept. 11, 2001, attacks on New York and Washington; the major hurricanes that have hit New Orleans, New York and other cities; the 2007-2009 Great Recession; and the underlying fear that something like the 1918 influenza pandemic could happen again.
"Private sector outpaces federal government in race to reopen economy"
From Washington Examiner:
* Businesses in all sectors are quickly adapting as best as they can to doing business under the conditions of a pandemic without waiting for government guidelines, as keeping workers and customers safe from the disease is a necessity for turning a profit.
* “I don’t think that after this experience, there is a restaurant in America that will not understand the value of additional revenue streams outside the brick and mortar,” she said.
"Will COVID-19 Help Americans Break the Habit of Deferring to Centralized Authority?"
* "Americans should know that ample legal precedents suggest that most shelter in place orders are unlawful and unconstitutional," Robert E. Wright, professor of political economy at Augustana University,wrote for the American Institute for Economic Research. He points to a history of quarantine orders much more limited in scope than what we've seen this year.
* "In the spirit of liberty and the Constitution, you can request those of us that are sick to stay home, but, at the same time, you must release the rest of us to go on with our normal business," Sheriff Daryl Wheeler of Idaho's Bonner Countywrote to Idaho Gov. Brad Little.”
"Israeli Professor Debunks Government Claims That Lockdowns Slow Coronavirus Infection, Proves Worldwide Decline In Spread"
* Most importantly, Professor Ben-Israel debunks the misconception of government lockdowns or controls as a leading cause of coronavirus infection rate reductions. "Some may claim that the decline in the number of additional patients every day is a result of the tight lockdown imposed by the government and health authorities. Examining the data of different countries around the world casts a heavy question mark on the above statement.
* Professor Ben-Israel concludes the same as we have heard from some conservative pundits, like Jesse Kelly. "Severe lockdown has some negative implications. Its immediate result is an increase in the level of unemployment and the drop in GDP ... This will eventually lead to an increase in poverty, as well as an increase in loss of human life due to other diseases."
* Nonetheless, Ben-Israel recognizes the risk of the disease and notes that "it is advisable to continue with low-cost measures, such as wearing masks, expanding testing for defined populations and prohibiting mass gatherings."
* Professor Ben-Israel showed us that closures do not reduce the spread of coronavirus. We need to accept this reality, we need to admit we overreacted and that coronavirus closures were a mistake, and we need to go back to work. Now.
Here's a short video from Steve on how you can purchase insurance in these changing times....Watch Here