Insurance premiums soar since beginning of COVID-19 pandemic

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According to the study, it typically takes a bill to jump in price by 25{fbc7a75af74adfbeb2d3baecdf7daa64e5d3521205059ee8f1fef6bec19bbc34} to 50{fbc7a75af74adfbeb2d3baecdf7daa64e5d3521205059ee8f1fef6bec19bbc34} to compel consumers into action – with switching consideration likely to be the highest in the health insurance sector.

In 2020, the dramatic increase in working from home – likely to be maintained to some extent through 2021 – has changed the way consumers interact with their service providers, DBM said.

“At the time the study was conducted, 46{fbc7a75af74adfbeb2d3baecdf7daa64e5d3521205059ee8f1fef6bec19bbc34} of consumers were working from home to some extent, with 16{fbc7a75af74adfbeb2d3baecdf7daa64e5d3521205059ee8f1fef6bec19bbc34} doing so more now than they did before,” DBM said in the report.

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‘The next microbubble… to get pricked’

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The New York Times

An ‘Army of 16-Year-Olds’ Takes On the Democrats

BOSTON — Dana Depelteau, a hotel manager, had just gone public with a long-shot candidacy for mayor in Boston when he noticed that someone in city politics was going after him online. The effect of this attack, he said, was lightning-fast and pervasive. The morning after he announced his candidacy on Twitter, he showed up at his local barbershop and, while staring at himself in the mirror, overheard a customer describing his views as white supremacist. “I’m thinking, ‘Man, politics is dirty,’” recalled Depelteau. He rushed home to

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The 3 Biggest Reasons Pitch Decks Fail Even the Best Business Ideas

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As entrepreneurs–and dreamers–we’ve all been there with that genius, million-dollar idea. But these ideas often require large sums of money to get off the ground, leading you to assume that you need to pursue investors. However, chasing money isn’t always the best move in the early days of building a startup. Unless you have a record of building successful startups, seeking capital too early is a surefire way to burn your business before you even build it.

Statistically, only about 1 percent of pitch decks attract investors and land investment money. Of course, part of this equation is finding the

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Harry Rosen gets into the personal care retail business

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“Our category expansion was inspired by what our customers told us they want and need,” ​says Ian Rosen, EVP Digital and Strategy, in a recent press release about the new venture. According to the company, the addition of grooming products was in the works even before the COVID-19 pandemic.

And data shared in the release suggests that consumer interest in grooming has only gone up over the past year with 40{fbc7a75af74adfbeb2d3baecdf7daa64e5d3521205059ee8f1fef6bec19bbc34} of men having grown facial hair and that Pinterest searches for men’s hair styling is up significantly.

Rosen credits the company’s propensity to respond to consumer requests as a

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Strengthening Economy Leads To Stable Outlook For Life Insurance

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Moody’s Investors Service moved its outlook for the U.S. life insurance sector to stable, one year after the COVID-19 pandemic prompted the analysts to give a negative outlook to the sector. Moody’s expectation for a strong U.S. economic rebound in 20211, driven by the improving health of individuals as mass vaccinations tamp down the virus, and by an economic recovery, support a more favorable operating environment for life insurers and a stable industry outlook over the next 18 months – despite continuing low interest rates.

Economic rebound supports top and bottom line industry growth. Moody’s baseline
forecast for U.S. GDP

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Webcor adopts ESG to compete for projects and workers

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Dive Brief:

  • In a move that illustrates the increased importance of environmental and social issues within the construction industry, San Francisco-based Webcor has launched a three-pronged ESG initiative to focus on people, planet and performance, a step the general contractor expects to boost its bottom line.
  • The 39th largest contractor in the U.S. with $2.1 billion in 2019 revenue, Webcor noted that while environmental, social and governance programs have typically been the purview of public companies in construction, whose investors have been pressing them on these issues, Webcor is taking the step as a private company to better compete for
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