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Filed under: General

Understanding Michigan’s New Auto Reform Insurance Law

On July 2, 2020, a new no-fault auto insurance law will come into effect allowing Michigan drivers to select their level of Personal Injury Protection (PIP). PIP is the coverage that pays for allowable expenses in the event of an auto accident. ...

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06.17.20 | Michael Carmona

Filed under: Company News

Market Update – June 13, 2020

Volatility returned to markets this week, as stocks vacillated between gains and losses. Positive momentum from the past two months’ rally carried markets early in the week, only to see concerns about future economic growth and a second wave o...

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06.13.20 | Planning Alternatives

Filed under: Company News

Market Update – June 6, 2020

Stocks rose sharply for the week, continuing the market’s climb from March lows. Surprisingly upbeat employment data indicated that displaced workers are being rehired and the economic recovery from the shutdown may be progressing faster than ...

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06.11.20 | Planning Alternatives

Filed under: Company News

Market Update – May 30, 2020

Stocks rose again over the shortened holiday week, even as the ongoing U.S.–China conflict produced troubling news headlines, and civil unrest followed the tragic death of a Minnesota man in police custody. While the gradual worldwide economic...

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06.04.20 | Planning Alternatives

Filed under: Company News

Market Update – May 23, 2020

Cautious optimism for economic recovery continued this week, as all fifty states have now reopened their economies in some fashion. Stocks rose sharply Monday on promising vaccine news and held on to most of those gains through the remainder of ...

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06.04.20 | Planning Alternatives

Filed under: Company News

Market Update – May 16, 2020

Stock markets retreated this week, taking a break from their sharp recovery. Additional bad economic and unemployment data – combined with the concern that stocks may have moved too far too fast – was enough to send stock prices lower. For t...

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06.04.20 | Planning Alternatives

Filed under: Company News

Market Update – May 9, 2020

With more than half of states now in some phase of reopening, the next stage of the recovery is taking shape. Even though unprecedented unemployment numbers continue to underscore the severe economic effects of the shutdown, a measured sense of ...

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06.04.20 | Planning Alternatives

Filed under: Company News

Market Update – May 2, 2020

As some states are beginning to ease restrictions on businesses, there is a hope that we’ve seen the worst of the coronavirus outbreak and that we can return to some semblance of normalcy as a nation. While the reopening will continue to be gu...

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05.04.20 | Planning Alternatives

Filed under: General

Market Update – April 25, 2020

What a week. As if a pandemic, extraordinarily bad unemployment numbers, and significant recession weren’t enough for the markets to process, a percolating crisis in oil prices boiled over on Monday. The shutdown has caused international deman...

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04.27.20 | Planning Alternatives

Filed under: General

Market Update – April 18, 2020

Federal and state governments began coordinating preparations for reopening this week. While stock markets are forward-looking and have experienced gains from the recent bottom, it’s important to temper expectations about the economy until the...

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04.20.20 | Planning Alternatives

Filed under: General

Market Update – April 10, 2020

The Federal Reserve crossed traditional boundaries and opened the doors on Thursday for another round of emergency measure funding. The Fed said it will invest up to $2.3 trillion in loans to aid small and mid-sized business and state and local ...

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04.10.20 | Planning Alternatives

Filed under: General

Market Update – April 6, 2020

Stocks displayed slightly less volatility last week, as the S&P 500 ended down -2.1% and the Dow Jones Industrial Average finished down -2.7%. Both indices began the week on a positive note, only to pull back by the close of trading on Frid...

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04.07.20 | Planning Alternatives

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