Word: solvently
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Despite the stomach churning stock plunges, the situation with insurance companies simply doesn't compare with the failed banks, says financial analyst Barry Rabkin of Financial Insights, an IDC company. "They're solvent - solidly solvent" thanks to conservative investments and tight state regulator oversight. The big companies are "not going anywhere...
...property taxes. Trash collection fees, snow removal, street cleaning, public safety, fire safety, education could all be affected.” Both Galluccio and Kale, as well as city councillor Sam Seidel, discussed the possibility of communities being forced to increase property taxes to ensure that local programs remain solvent. “I have no doubt that we would look at [hiking property taxes], I don’t know if we would do it or not,” said Seidel. “The credit freeze on Wall Street along with Question 1 don?...
...asking because the Federal Government took over AIG? We thought so. First things first: AIG's insurance subsidiaries are solvent and continuing to pay claims. If--and this is a big if--individual insurance subsidiaries run into trouble, a state regulator will step in. That regulator might try to move policies to another carrier--"The insurance industry has a pretty good track record of taking care of itself," says Atlanta-based wealth manager Chris Dardaman--though new insurers may be allowed to adjust policy terms. If push really comes to shove and the subsidiary liquidates, you are still protected...
Claims on these policies get paid from the firm's general account--the place your premiums go. As long as the company is solvent, things work normally. But let's assume a worst-case scenario: a state regulator steps in, can't get the firm back on track and decides to liquidate. As a policyholder, you're in line ahead of creditors. If the insurer is in real trouble and can no longer pay claims, then the state's guarantee fund kicks in. It varies from state to state, but generally you have at least $300,000 worth of total...
...economic threat. In fact, immigrants are tremendously beneficial to the American economy in several ways. For one, the influx of immigrants allows America’s population to grow faster than that of other industrialized nations. This growth ensures a large supply of workers to keep Social Security solvent and the economy growing. Without immigrants, the United States would be in the same position as Japan, Italy, and Russia, whose populations are shrinking. The aging workforces, sclerotic economies, and massive public debts of these countries are strongly related to their loss of population.Furthermore, highly educated immigrants bring technological prowess...