Convicted Insurance Mogul Ordered to Give Up Control of Companies

Convicted Insurance Mogul Ordered to Give Up Control of Companies

A North Carolina court has ordered convicted insurance mogul Greg Lindberg to turn over control of hundreds of his private companies to a special board in an effort to salvage four financially troubled insurers that have been under regulatory supervision since 2019. The court order concluded that Mr. Lindberg committed fraud in failing to abide … Read more

B.TECH, Fawry expand partnership to avail easier access to finance for customers

B.TECH, Fawry expand partnership to avail easier access to finance for customers

Cairo, Egypt: In celebration of the long-standing seven years of Partnership, B.TECH Egypt’s # 1 omnichannel consumer electronics retailer, consumer financing specialist and leading purveyor & Sole Agent of Blue chip home appliances international brands, Signed today a memorandum of understanding with Fawry, the leading platform in banking technology, digital transformation, and electronic payments in … Read more

5 economists and real estate pros on what mortgage rates will look like for 2022

5 economists and real estate pros on what mortgage rates will look like for 2022

What should you expect for mortgage interest rates in 2022? Getty Images / iStockphoto Mortgage rates have reached their highest point in 13 years, according to Bankrate’s national survey of lenders. And many pros say that upward climb may not have hit its peak. Indeed, we asked five pros to tell us: What will happen … Read more

Great American Insurance Group Announces the Promotion of Michael B. Mulvey to Divisional President within Great American’s Property & Casualty Group | Business

Great American Insurance Group Announces the Promotion of Michael B. Mulvey to Divisional President within Great American’s Property & Casualty Group |  Business

CINCINNATI-(BUSINESS WIRE)-May 18, 2022– Great American Insurance Group today announced the promotion of Michael (Mike) B. Mulvey to Divisional President within its FCIA – Trade Credit & Political Risk Division. Mr. Mulvey joined FCIA in 2012 as Divisional Vice President, leading its claim and recovery operations. In 2021, he was promoted to Divisional Senior Vice … Read more

Oak Real Estate Partners Launches $ 500 Million Fund for Institutional Investors | News

Oak Real Estate Partners Launches $ 500 Million Fund for Institutional Investors |  News

BLOOMFIELD HILLS, Mich .– (BUSINESS WIRE) – May 17, 2022– Michigan-based White Oak Capital Holdings, LLC, dba as Oak Real Estate Partners, a national fund manager focused on the institutional investment sector, announced it has launched Oak Institutional Credit Solutions, LLC, a $ 500-million private real estate financing investment fund. The newly formed investment vehicle … Read more

Which of Buffett’s bank stocks might make you the most money?

Which of Buffett’s bank stocks might make you the most money?

This is the time of the quarter when investors get to see what changes Warren Buffett and the management team at Berkshire Hathaway have made to the conglomerate’s stock portfolio. The big splash in Berkshire Hathaway Inc.’s BRK.B, + 1.67% 13F filing with the Securities and Exchange Commission for the end of the first quarter … Read more

Positive Physicians Insurance Company Announces That Lewis Sharps, MD Is Stepping Down as Chief Executive Officer, Board Appoints Michael Roque as Successor | Business

Great American Insurance Group Announces the Promotion of Michael B. Mulvey to Divisional President within Great American’s Property & Casualty Group |  Business

BERWYN, Pa .– (BUSINESS WIRE)-May 16, 2022– Positive Physicians Insurance Company (PPIC), a leading medical professional liability insurer serving healthcare providers across 10 states, announced that Lewis Sharps, MD, founder of Positive Physicians Insurance Exchange in 2002 and having been a critical component of the company’s growth over the past 20 years, is stepping down … Read more

Opinion: This pre-retiree was just terminated at work – is it worth paying off the mortgage with the severance money?

Opinion: This pre-retiree was just terminated at work – is it worth paying off the mortgage with the severance money?

Dear Ms. MoneyPeace: I have a question for you, and I would prefer a yes or no answer. When I am “termed” later this year, I’ll have about $ 150,000 in cash between service-termination money and savings, and will owe around $ 70,000 on my house. Should I just go ahead and pay it off? … Read more

Bitcoin ‘not going to take over as an alternative form of money’: Ben Bernanke

Bitcoin ‘not going to take over as an alternative form of money’: Ben Bernanke

Ben Bernanke, former chairman of the Federal Reserve, said he doesn’t think bitcoin would take over “as an alternative form of money.” Bitcoin BTCUSD, -4.75% and other cryptocurrencies have been “successful as a speculative asset,” Bernanke said in an interview with CNBC’s Squawk Box that aired Monday morning. “You are seeing the downside of that … Read more

Grayscale launches ETF in Europe to track ‘future of finance’ stocks like Coinbase, Robinhood

Grayscale launches ETF in Europe to track ‘future of finance’ stocks like Coinbase, Robinhood

Grayscale is launching its first European ETF, the Grayscale Future of Finance UCITS, which will list on the London Stock Exchange, Borsa Italiana, and Deutsche Börse Xetra. The fund will be based on the Bloomberg Grayscale Future of Finance Index which tracks companies that represent the “future of finance”. These include stocks such as Silvergate … Read more