The Best Travel Insurance For Your Holiday Vacation Trip

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American travelers are looking forward to the holiday travel period like nothing else in recent memory. But given the pandemic health concerns, they’re also trying to find the best travel insurance for a holiday vacation.

A new report by American Express finds travelers are cautiously optimistic about traveling in the next six months. Just over half (55%) of consumers who typically travel domestically anticipate feeling “comfortable” traveling to a domestic destination between now and February.

And a survey by Hopper suggests 39% of Americans plan to travel during the holidays. For more than half of those on the road (55%) it will be their first time traveling since the start of the pandemic.

An eagerly anticipated travel season

“Now that it’s officially fall, many

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Warning Signs of Personal Loan Scams

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Interest in personal loans is rising this year, industry experts say. 

Unfortunately, potential scams are rising too.

Amid record-breaking unemployment rates and a staggering economy, consumers are seeking personal loans for two primary purposes: to consolidate credit card debt or simply to get by, says Brian Walsh, CFP and senior manager of financial planning at SoFi, a national personal finance and lending company. 

“This is a way to help get them through until they get back to normal,” says Walsh.

Scammers have taken notice. In the first four months of 2020, the Federal Trade Commission (FTC) reported more than 18,000 accounts and more than $13.4 million

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The Fed’s money-pumping efforts are driving a new economic cycle that’s reminiscent of 2009, Canaccord Genuity says

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a bench in front of a building: Kevin Lamarque/Reuters


© Kevin Lamarque/Reuters
Kevin Lamarque/Reuters

  • The Federal Reserve’s liquidity-boosting measures place the economy on track for a 2009-style upswing, Canaccord Genuity analysts said in a Thursday note.
  • Policymakers signaled on Wednesday that the central bank would hold rates near zero through 2023 and maintained asset purchases of at least $120 billion in Treasurys and mortgage-backed securities per month.
  • The purchases spiked excess cash in the financial system, but liquidity has since fallen from its peak.
  • The excess-liquidity trend is “just like” the post-peak reversal seen “as the economy emerged from the 2009 recession,” the analysts said.
  • The Fed’s policy “reinforces our view that we are in the early stages of a new economic and market cycle,” they added.
  • Visit the Business Insider homepage for more stories.

The Federal Reserve’s plans for long-lasting aid are on track to drive a 2009-style economic comeback, Canaccord Genuity analysts said Thursday.

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Blockchain Will Make Financial Services More Available, Secure, And Fair

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One of the hallmarks of 2020 is that global economies are seeing lots of instability, and this is true at every level of society. For individuals, there may be more options available, but this hasn’t necessarily translated into more people being able to access banking services. In some regions, great ideas like micro-lending have taken off, and this has helped. But globally, as we move away from standard Monday-Friday, 9-5 jobs, millions of people are turning to non-traditional forms of work. For many of these independent workers, the result has been that personal finance is getting even further away. 

At a global level, we’re still seeing huge numbers of underserved people. Even in developed nations, the gulf between banked vs. unbanked can be deep: in the US, as many as one quarter of all households are unbanked or underbanked, without easy access to savings, credit, or loans. There are also

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Global Tank Container Shipping Market: COVID-19 Business Continuity Plan | Evolving Opportunities with Bertschi AG and Bulkhaul Ltd.

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The global tank container shipping market size is expected to grow by 42.24 thousand teu as per Technavio. This marks a significant market slow down compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 1%. Request Free Sample Report on COVID-19 Impacts

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200918005318/en/

Technavio has announced its latest market research report titled Global Tank Container Shipping Market 2020-2024 (Graphic: Business Wire)

Read the 120-page report with TOC on “Tank Container Shipping Market Analysis Report by End-user (Oil and gas, Chemical, and Others) and Geography (Europe, APAC, North America, MEA, and South America), and the Segment Forecasts, 2020-2024”.

https://www.technavio.com/report/tank-container-shipping-market-industry-analysis

The market is driven by the growth in seaborne

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How To Avoid Getting Shafted By Wrong Insurance Data On You

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Property-casualty insurance is a mystery to most. How do the insurers set those rates, and why did your premiums go up, even if you had no claims. Maureen Crimmins of Crimmins Wealth Management in Woodcliff Lake, N.J., has one answer, a document that the carriers keep that few know about:

Larry Light: OK, so why as your automobile or homeowner’s insurance premium risen substantially even though you haven’t had any claims or received any tickets for driving infractions?

Maureen Crimmins: The cause could be an error in your C.L.U.E. report. The report database is called C.L.U.E., or Comprehensive Loss Underwriting Exchange, by LexisNexis Risk Solutions.

Light: What’s that?

Crimmins: It’s essentially like a credit report for insurance companies. It includes a five- to seven-year history of claims you’ve filed. The majority of insurance carriers provide claims data to it—data that includes names, birth dates and

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Markets are up and the economy is down. Some next moves for investors

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The New York Stock Exchange.

Andrew Burton | Getty Images

The financial markets are rising and the economy is falling. What is with this disconnect between the two? Many investors may be asking themselves if this is all a cause for concern.

So, what’s an investor to do?

To begin with, the financial markets were doing quite well before the pandemic. In fact, the S&P 500 Index closed at a record high (3,386) on Feb. 19. But once Covid-19 cases started spreading in the U.S., the markets plunged. By March 23, the S&P 500 had fallen about 34%.

Fast forward a few months, however, and the numbers tell a different story. By the end of the first week in August, the S&P 500 had risen nearly 50% since March 23, regaining almost all the ground it had lost.

Meanwhile, at the same time of this market rally, the overall economy

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Abaka launches Chatbot as a Service solution for financial firms

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  • baka debuted a conversational chatbot product for financial firms to integrate into their digital channels, complementing its existing AI applications.
  • The move will be especially useful for smaller players’ digital transformations.

The off-the-shelf offering enables financial advisors, wealth managers, retail banks, insurers, and retirement providers to integrate an AI chatbot, Finextra reports. Launched in 2015, Abaka is a technology platform that provides AI solutions to financial firms of all sizes, and it has offices in the UK, France, Singapore, and the US.

Reported benefits of using AI interactions for global banking and insurance customers

Abaka launches Chatbot as a Service solution for financial firms.

Business Insider Intelligence


Abaka’s chatbot promises to boost financial firms’ client engagement and satisfaction, and complements its existing products.

  • Financial firms are keen to use chatbots to improve customer interactions, but they face implementation challenges. Forty-nine percent of global consumers say that AI interactions in insurance and banking provide better security and privacy around personal data than humans
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Wind Turbine Generator Market: COVID-19 Business Continuity Plan | Evolving Opportunities with ABB Ltd. and Alxion

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The global wind turbine generator market is expected to grow by USD 7.22 billion as per Technavio. This marks a significant market slow down compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of almost 4%.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200917005068/en/

Technavio has announced its latest market research report titled Global Wind Turbine Generator Market 2020-2024 (Graphic: Business Wire)

Request challenges and opportunities that influence COVID-19 pandemic – Request Free Sample Report on COVID-19 Impacts

Read the 120-page report with TOC on “Wind Turbine Generator Market Analysis Report by Application (Onshore and Offshore), Geography (APAC, Europe, North America, South America, and MEA), and the Segment Forecasts, 2020-2024”.

https://www.technavio.com/report/wind-turbine-generator-market-industry-analysis

The market is driven

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A Car Insurance Claim Estimate Before the Tow Truck Is Called

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As insurance companies have pulled their employees out of the field, the use of virtual estimates has jumped. CCC Information Services, a Chicago company that markets its own A.I.-enhanced Quick Estimate app to insurers, recently reported a 125 percent increase in app use since March — even though traffic levels and accident numbers plunged when states locked down.

Even before the pandemic, major U.S. carriers were exploring the use of A.I. to speed claims settlement. Liberty Mutual’s in-house technology incubator, Solaria Labs, began work on an A.I. estimating algorithm in 2018. The company now uses it to give appraisers a head start on estimates.

USAA took a different approach. Rather than develop its own algorithm, it teamed with Google. Customers can upload photos of their damaged cars for analysis by Google Cloud’s Vision API. That damage assessment is then handed off to another partner, Mitchell International, which also uses A.I.

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