Johnston Local Business
Tuesday Apr 14 | via CNN
As Washington pushes forward with a new proposal to raise professional standards for brokers who advise retirees, a majority of baby boomers remain unaware of the fact that not all financial advisers abide by the same fiduciary rules. As the largest generation of pre-retirees and retirees in American history to seek the guidance of investment advisers in planning their nest eggs, the pressure is on to educate consumers about ways to avoid conflicted investment advice by choosing the right advisor. Comment?
Wednesday Apr 8 | via Insurance Journal West
A.M. Best has downgraded the financial strength rating to A- from A and the issuer credit rating to "a-"from "a" of Farmers Mutual Hail Insurance Company of Iowa , headquartered in West Des Moines. The rating downgrade reflects FMH's sizeable underwriting losses recorded since 2012, which have led to weak return measures and surplus volatility resulting in a slightly diminished, albeit still strong, level of risk- adjusted capitalization. Comment?
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