Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
• 5/14/24: Justice Department: Boeing Violated Settlement Over 737 Max Problems
Following are short excerpts from a current New York Times Report:
The Department of Justice said on Tuesday that Boeing was in violation of a 2021 settlement relate…
@sma3- Great article- thanks. One thing puzzled me- it shows CA as being profitable for the past four years, yet the insurance companies are running away like a bunch of cockroaches. No info given on that.
"because the insurer is lowballing the FMV, it is totaling cars that it should have repaired, and thus benefiting too much from the salvage value."
@msf - yes, that's the way that I read it also.
The San Francisco Chronicle is today reporting that State Farm has raised their rates across California, with the average increase about 20%. The Chronicle has mapped out those increases according to location Zip codes.
Some Californians saw their r…
@Roy - You mentioned the Progressive Insurance company, above. I just came across an article in the San Francisco Chronicle regarding Progressive. Here are some excerpts from that article:
Car insurance companies and affiliated software developers c…
"a mission of "to win the war". Without human emotion, at all cost"
@Derf- I really don't want to start a potentially divisive situation on this, but I was rather thinking of the terrible situation in Gaza. The entire area turned into a desert of d…
"a better, more inclusive, homeowners policy"
Having used a fair number of different insurance companies throughout our times it seems to me that all of the homeowners policies are virtually identical, with specification labels such as "HO-1", "HO-…
Yes, I believe that the Washington Post broke this story. If that man wins the election we immediately become a third-world type government. The bastard has absolutely no shame- he actually brags on what he's going to do to this country. Good luck t…
No sir, your FDIC coverage should be fine. It's just that I prefer to spread my income generation a bit more than that. Again, think about Treasuries... similar income, no FDIC issues at all and the Treasury ain't going out of business.
@fred495 - to reinforce yogi, the trick here is to buy brokered CDs through your brokerage, and spread them around through different banks. Maybe 50k here, 50k there. I try to look for banks that are more or less main-line. But be careful on "callab…
@Catch22 - No, nothing like that. If the letter is legit I don't think that they would be asking for any personal or financial info, since they must already have all of that before they sent it to you, and evidently they already know that you are a …
I can report this re Chubb: A couple of years ago my Toyota Tacoma was parked and a woman (somewhat under the influence of something or other) took out a rear fender while attempting to park behind me. She had Chub and they paid quickly and in full …
No correction required- from my post just above: "Each Atlas V launch vehicle consists of two main stages. The first stage is powered by a Russian engine manufactured by Energomash and burning kerosene and liquid oxygen."
CAPE CANAVERAL, Florida (Reuters) -Boeing's new Starliner astronaut capsule was poised for launch on Monday night on a much-delayed first crewed test flight to orbit, as the company scrambles to compete with Elon Musk's SpaceX for a greater share of…
@hank - No sir- we've had this coverage with at least four different companies over the years and that has never come up. As Yogi mentioned though, it's a add-on requiring another underlying policy.
After years of delay, Boeing to try again with Starliner space capsule
An excerpt from The Washington Post:
Before a door-size panel blew out of a Boeing 737 Max, leaving a gaping hole in the side of an Alaska Airlines aircraft shortly after takeof…
