This was my second Toastmasters speech.
Life Insurance is boring. Don’t get me wrong. I understand the need for this product, and I have life insurance. But there are a lot of different ways to pass down wealth in the US, and many of them are a lot more exciting than life insurance. Today I’d like to present you with an idea for a unique life insurance product that the Prudential could offer, and I would be excited about. Continue reading “The Case for Life Insurance Policies that Payout in Gold”
On Monday I went to AgileCamp 2016 – New York Metropolitan hosted by Prudential Financial in Newark, NJ. I attended the 4 main sessions and a couple keynote speeches. Here is my experience. Continue reading “AgileCamp 2016 New York Metropolitan”
Today PWC issued a report stating that blockchain technology could save reinsurers $5-10 Billion. These savings will come from “faster, more efficient and more accurate payments, claims settlements and compliance checks.” Continue reading “PWC: Blockchain can save Reinsurers $5-10 Billion”
My daughter had a small deer tick on her yesterday. My wife had to use tweezers to remove it. Living in New Jersey, this instantly made me think about Lyme disease.
The Number of Lyme Disease Cases in New Jersey
According to the Center for Disease Control and Prevention (CDC), there are about 3,000 confirmed cases of Lyme disease in New Jersey every year. Continue reading “Lyme Disease in New Jersey”
This weekend I’m planning to take my family to an MLS match between the New York Red Bulls and the New England Revolution. The Red Bulls (RBNY) are a good team. They’re currently 3rd in their division and on pace to make the playoffs for the seventh year in a row.
My girls are about 6 and 4 years old, and I’ve taken them to a RBNY game for the last 2 years. They are fun, and the kids enjoy them.
One of the greatest things about seeing the Red Bulls as a family is the cost. Continue reading “New York Red Bulls – A Great Family Event”
Its official. I’m obsessed with Bitcoin.
I logged into Coursera looking for a computer programming course to take, saw the “Bitcoin and Cryptocurrency Technologies” class, and immediately signed up.
It looks like an interesting class. It’s taught by Arvind Narayanan, an assistant professor at Princeton University. It has a 5 star rating. Plus it’s free! Continue reading “Coursera Class on Bitcoin and Cryptocurrency Technologies”
Below is a video series created by Reval Govender where he provides a very nice overview of Agile Scrum. There are seven videos in all. Continue reading “Reval Govender’s Scrum Training Series”
Below are a few of long-term financial predictions that I’m making on the stock market, gold and cryptocurrencies. In short, the stock market will go on a decade long bull run, precious metals will move sideways, and cryptocurrencies are here to stay. Continue reading “Bold predictions”
Life is full of uncertainties. In fact the only real certainty in life is that change happens. Yet most people are resistant to change. Change makes them unhappy.
The solution is simple. Be open to change. Continue reading “Be open to change”
This post discusses accounting for FAS 97 LP life insurance products. I previously covered FAS 60 policies on this blog. FAS 97 was created to address certain long duration products that were not covered under FAS 60.
As stated in the FAS 60 discussion, life insurance accounting is different. It contains topics that are unique to the insurance industry. These topics are rarely taught in accounting classes and are not covered on the CPA exam.
My goal here is to summarize some of these topics and to make them relatively easy to understand for anyone with an accounting background. Continue reading “Life Insurance Accounting – FAS 97 LP”