“Eight local companies have been awarded a total of $575,000 in funding from the Kentucky Science and Technology Corp.
The awards were made through KSTC’s Kentucky Enterprise Fund, which provides capital for early stage commercialization of a technology-based product or process.
The companies receiving awards are:” ….Business First Louisville KY
Halogen Safety Headlights:
“Replacing your existing halogen headlight bulbs with high-performance replacement bulbs can increase night visibility and safety. The higher “color temperature,” or whiteness, of available replacement bulbs is closer to that of HID headlights than it is to that of standard halogen bulbs. (The higher the temperature of the bulb, the brighter it is). The color temperature of non-halogen tungsten headlights is approximately 2000°Kelvin (K); standard halogen headlights are 3000°K; and HID lamps are 4100°K. High-performance halogen replacements are 4000°K, almost as high as the HID lamps. …..” learn more about Safety Halogen Headlights from Progressive Insurance
Stop paying your mortgage and walk away?
The statistics are all over the place, but it is clear that not only are mortgage delinquencies and foreclosures skyrocketing, but millions of homeowners are “upside-down” in their mortgages; that is they owe more to the bank than their houses are worth and a report this week predicted that number would be growing exponentially.
More and more the talking heads on television have suggested that these upside-down homeowners should cut their losses and hand the bank the keys to the castle. Some have even suggested that cash-stretched and equity-poor debtors should continue paying the credit card bills even as they stop paying the mortgage. The rationale? The house is already a dead loss and continued credit card access will help the homeowner get back on his or her feet.
Call Watts Insurance 502-245-3625 for a free Homeowners Insurance Quote
Are you at risk for Mortgage Fraud?
“Since the housing market started to soar in 2001, mortgage fraud has become the fastest-growing white-collar crime, according to the FBI. Last year, crooks skimmed at least $1 billion from the $3 trillion U.S. mortgage market.
Now that the market is slowing, fraud is only rising. As business dries up, there’s increasing pressure on lenders, brokers, title companies and appraisers to be profitable. That means loan and title documents aren’t scrutinized as carefully as they might be, and courts can’t keep up with the volume of paper. Then there’s the mad rush by many to sell, particularly by people who paid high prices for homes, and suddenly can’t afford the mortgages. ” … Mortgage Fraud
“When should life insurance be utilized for businesses and business owners?
They write whole books about this, but let me list just a few areas where it may be appropriate.
Many businesses are sole proprietors or family owned. When the business negotiates a loan with the bank, the bank usually wants a personal guarantee of the owner to repay the loan. A life insurance policy on the owner in the amount of the loan can make sure that at the death of the owner, the loan can and will be repaid to the bank without undue financial strain on the business.
If your business has more than one owner, it would be good business practice to have a buy-sell or stock redemption plan in place. If one owner dies, the agreement specifies how the deceased owner’s share of the business will be purchased……” Life Insurance
What are the types of Term Life Insurance Policies?
“Term insurance comes in two basic varieties—level term and decreasing term. These days, almost everyone buys level term insurance. The terms “level” and “decreasing” refer to the death benefit amount during the term of the policy. A level term policy pays the same benefit amount if death occurs at any point during the term.
Common types of level term are:
Yearly renewable term, once popular, is no longer a top seller. The most popular type is now 20-year term. Most companies will not sell term insurance to an applicant for a term that ends past his or her 80th birthday…..” Term Life Insurance
“Now is the perfect time to get your financial house in order. You may be flush with cash from holiday gifts and a raise or bonus at work. Or you may be dreading the credit-card bill that arrives in a few weeks, reminding you how much you spent for the holidays. Either way, a few key steps can help you pocket more cash in 2008. Here’s what you can do now so you can spend a lot less time worrying about your finances throughout the year:..” from Kiplinger
“Just in case disaster strikes in 2008, make sure you’re covered. Check to ensure you have enough homeowners insurance, add extra coverage if you receive valuable gifts for the holidays, and run around your house with a camera to update your home inventory…..” from Kiplinger
“According to the findings by TRC, an independent research company based in Fort Washington, Pa., 60 percent of those contacted believe small electronic items, if stolen from their home or auto, are covered by their policies or don’t know if they are.
More than half of the respondents—55 percent—wrongly believe their electronic equipment is covered if it is damaged or destroyed by a power surge.
Forty-two percent believe damage to their property from home installation or loading and/or unloading in transport is covered……” Electronics & homeowners insurance
“The National Forum on Homeownership Preservation and Foreclosures, organized by the U.S. Conference of Mayors, will includes discussions about the state of the mortgage industry, ways homeowners can avoid foreclosure, and strategies to keep foreclosed properties from dragging down the quality of life in neighborhoods…. Mayors to meet about rising foreclosures
The National Association of Insurance Commissioners (NAIC) presents Insure U for Small Business to provide helpful information, tips and considerations about insurance for owners of small companies and home-based businesses. This curriculum is organized around these subjects: topics covered include: Kentucky Workers Compensation, Business Property & Liability, Commercial Auto, Group Health Insurance, Group Life Insurance learn more : InsuranceU for Small Business
