David C. Marlett

2 months ago | econofact.org | Michael Klein |David C. Marlett |Daniel Bergstresser |Karen Dynan

William McChesney Martin, Jr., the Chairman of the Federal Reserve from 1951 – 1970, famously quipped that a common role of the Federal Reserve is to take away “the punch bowl …just when the party was really warming up.” Removing the punch bowl may not be a popular choice. But both theory and evidence show the advantages of having a central bank that has a reputation for not bowing to political pressure. Good reputations are hard to establish and easy to destroy.

2 months ago | econofact.org | David C. Marlett

More frequent climate disasters, population migration to locations with higher climate risk, and inflation, are raising the pressure on insurance companies.

Mar 7, 2024 | usnews.com | Karon Warren |David C. Marlett

Key Takeaways: A life settlement is when the policyholder sells a life insurance policy to a third party, who receives the death benefit upon the insured's death. The lump-sum payment from a life settlement could be more than the amount received if the policyholder surrenders the policy to the insurance company. Policyholders should carefully research life settlement companies and brokers to ensure they are licensed and regulated through the policyholder’s state.

Mar 4, 2024 | usnews.com | Sara Coleman |David C. Marlett

It’s possible to get a renters insurance policy effective the same day you apply or the next business day, but the key is submitting all the necessary paperwork and payments in a timely manner. Purchasing a policy means you have to decide what you want covered, how much coverage you need, and finalize the details of your policy with the provider. Once you’ve chosen a provider, a policy you’re comfortable with, and made payment arrangements, you may be able to start coverage quickly.

Mar 4, 2024 | usnews.com | Sheryl Nance-Nash |David C. Marlett

Think of renters insurance as a three-leg stool of protection – personal belongings, liability, and additional living expenses. According to the Insurance Information Institute, standard renters insurance protects your personal belongings against damage from fire, smoke, lightning, vandalism, theft, explosion, windstorm, and other stated perils listed in your policy. Personal belongings.