Personal Finance Advice and Commentary

Friday, July 23, 2010 10:49 am
By Jay MacDonald ·

During the past two weeks, I spoke with most of the major insurance organizations regarding the implications for insurance companies of the financial reforms that President Obama signed into law Wednesday. Their mood was far from celebratory but their sense of relief was palpable. Simply put, big insurance dodged a bullet. Let’s look at that

Thursday, June 03, 2010 2:04 pm
By Jay MacDonald ·

Tempers are flaring once again over yet another authorization lapse in the National Flood Insurance Program, or NFIP, which Congress allowed to expire at midnight on May 31st. Lawmakers are not expected to address an extension before June 7 at the earliest, leaving frustrated homebuyers, home sellers, Realtors and insurance agents unable to obtain coverage