Category Archives: Finance Guide

Taking the Mystery Out of Surety Credit – How Underwriters Analyze the Work in Process Report (WIP)

In the bonding industry, there seem to be mixed messages regarding surety credit. One, surety underwriters seem to be worried about the client’s balance sheets and suggest they look for other surety credit options. There are also surety companies that can take over struggling businesses if the company is well managed, has stabilized and has a lot […]

What happens if you get in an accident without insurance?

Most states require minimum levels of certain auto insurance coverages. It is illegal to drive without it. Auto insurance policies cover you for any injuries or damages that others cause. If you are involved in an accident, auto insurance can protect you from financial ruin. Despite this, the Insurance Information Institute (III), estimates that more then 12 percent drivers were not insured […]

FR44 Insurance for DUI and DWI Drivers Is Sensible

FR44 car insurance has two distinct features. Its higher liability limits and exclusivity for DWI/DUI drivers are the main distinguishing characteristics. This format is currently only used by Florida and Virginia in their recent efforts to reduce drinking and driving. This program is popular in Florida and Virginia, and it will be adopted by other states. Other states […]

Does Medicare Count As Health Insurance For Taxes?

Medicare is a well-known government health insurance program that covers people over the age of 65. It’s also considered health insurance for some people who are not eligible for traditional health insurance, like students and those with pre-existing conditions. So what does this mean for taxes? In short, Medicare counts as health insurance for taxes […]