Moving Past the COVID & Election Chaos - September 10, 2020

September 10, 2020
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Tips for Your Insurance, Finances, and Business 

News. Insights. Analysis. Inspiration.

 

Today's Key Question:

Do you know technology specialists or actuaries looking for work? Insurance companies are hiring! 

See the article below from Think Advisor.

 

"Return to big offices? Why bank branches may get a new lease of life"

From Reuters:

* The COVID-19 pandemic has accelerated the shift to online banking in Europe, but it has also given some suburban branches an unexpected new purpose – as alternative office spaces for staff reluctant to commute to big HQs in city centres.

 

"Opinion: Can I reject an inheritance?"

From Market Watch:

* Ken, no one has to accept inherited assets. Inherited assets can be disclaimed. However, most people do not use a disclaimer because they are not entitled to other assets to offset the value of the asset disclaimed and they do not get to decide who gets the disclaimed asset. 

  

"Do Legal Restrictions Account for the Downward Trend in New COVID-19 Cases?"

The New York Times thinks so, but the data do not fit that hypothesis very well.

From Reason:

* The virus is still here, as everyone knew it would be. And to the extent that lockdowns were effective in reducing transmission, they left a population more vulnerable to infection than it otherwise would have been. In this context, it makes sense to concentrate on protecting Americans in high-risk groups rather than younger, healthier people who face a negligible risk of dying from COVID-19.

Recent data suggest we have had some success on that score. Even as cases spiked this summer, the nationwide crude case fatality rate—deaths as a share of confirmed cases—continued to decline, dropping by nearly 50 percent since mid-May. That trend largely reflects a younger, healthier mix of patients. The key to minimizing the death toll while we wait for a vaccine is preventing new cases among older, frailer people. The debate should focus on the best ways to do that rather than recriminations about what went wrong with lockdowns. And in weighing our options, it would be foolhardy to assume that government policy is all that matters while overlooking the crucial role of the decisions that each of us makes every day.

 

"Many Life Insurers Plan to Add Employees: Jacobson"

From Think Advisor:

* Life, health and annuity issuers told the survey team they were especially likely to increase the number of employees with technology and actuarial work, and least likely to add executives or product managers.

Issuers of all kinds said they are still having trouble recruiting good actuaries, technology and analytics people. They are having a relatively easy time recruiting people who can handle operations and accounting.

 

Here's a short video from Steve on how you can purchase insurance in these changing times....Watch Here