There is a good chance that you are paying too much for your insurance. And as much as you are paying, you probably are still not adequately covered where it matters.
See Also: Are You Covered?
A white paper from insurance company Ace Group indicated that more than 66% of affluent consumers are not appropriately insured. Based on my 15 years of experience in the insurance business, I would absolutely agree with that number.
As an insurance adviser, my job is all about discovering the pitfalls in insurance policies and helping to put the consumer on track to receive the appropriate level of insurance coverage; that could mean greater coverage in some areas and a reduction in others.
For affluent consumers, as their wealth increases, so does the complexity of risk management. The blanket policies used by the majority of the public are not created in a way to properly identify and cover the risks associated with affluent and super-rich consumers.
Top 5 Integrated Utility Companies To Buy For 2017: WGL Holdings Inc(WGL)
WGL Holdings, Inc. (WGL), incorporated on March 9, 2005, is a holding company. The Company, through its subsidiaries, sells and delivers natural gas, and provides a range of energy-related products and services to customers in the District of Columbia and the surrounding metropolitan areas in Maryland and Virginia. The Company operates through four segments: Regulated Utility, Retail Energy-Marketing, Commercial Energy Systems and Midstream Energy Services. In addition to its primary markets, WGL’s non-utility subsidiaries provide customized energy solutions with business activities across the United States. The Company’s subsidiaries include Washington Gas Light Company (Washington Gas), Washington Gas Resources Corporation (Washington Gas Resources), Hampshire Gas Company (Hampshire) and Crab Run Gas Company (Crab Run). Washington Gas Resources’ subsidiaries include WGL Energy Services, Inc. (WGL Energy Services), WGL Energy Systems, Inc. (WGL Energy Systems), WGL Midstr eam, Inc. (WGL Midstream) and WGSW, Inc. (WGSW).
The Regulated Utility segment consists of Washington Gas and Hampshire. Washington Gas provides regulated gas distribution services (including the sale and delivery of natural gas) to end use customers and natural gas transportation services to an unaffiliated natural gas distribution company in West Virginia. Hampshire provides regulated interstate natural gas storage services to Washington Gas. Hampshire owns full and partial interests in underground natural gas storage facilities, including pipeline delivery facilities located in and around Hampshire County, West Virginia, and operates those facilities to serve Washington Gas, which purchases all of the storage services of Hampshire.
The Retail Energy-Marketing segment consists of the operations of WGL Energy Services. WGL Energy Services sells natural gas and electricity directly to retail customers. WGL Energy Services also sells wind and! other renewable energy certificates (RECs), and carbon offsets to retail customers. WGL Energy Services owns approximately five solar generating assets. As of September 30, 2015, WGL Energy Services served approximately 143,800 residential, commercial and industrial natural gas customer accounts, and approximately 138,000 residential, commercial and industrial electricity customer accounts located in Maryland, Virginia, Delaware, Pennsylvania and the District of Columbia.
Commercial Energy Systems
The Commercial Energy Systems segment consists of the operations of WGL Energy Systems, WGSW and the results of operations of affiliate-owned commercial distributed energy projects. WGL Energy Systems provides clean and energy efficient solutions, including commercial solar, energy efficiency and combined heat and power projects and other distributed generation solutions to government and commercial clients. In addition, the segment consists of the operat ions of WGSW, a holding company formed to invest in alternative energy assets. The segment focuses on clean and energy efficient solutions for its customers through owning and operating distributed generation assets, such as Solar Photovoltaic (solar PV) systems, combined heat and power plants, and natural gas fuel cells and operating as a general contractor to upgrade the mechanical, electrical, water and energy-related infrastructure of governmental and commercial facilities by implementing both traditional and alternative energy technologies. The segment has assets and activities across the United States.
Midstream Energy Services
The Midstream Energy Services segment consists of the operations of WGL Midstream. WGL Midstream engages in acquiring, investing in, managing and optimizing natural gas storage and transportation assets. It has natural gas pipelines and storage facilities in the Midwest and Eastern United States. WGL Midstream provides natural gas related solutions to its customers and counterpa! rties, in! cluding producers, utilities, local distribution companies, power generators, wholesale energy suppliers, liquefied natural gas (LNG) exporters, pipelines and storage facilities. WGL Midstream contracts for storage and pipeline capacity in its asset optimization activities through both long-term contracts and short-term transportation releases. WGL Midstream also contracts for physical natural gas sales and purchases on both a long-term and short-term basis.
- [By Shauna O’Brien]
Brean Capital reported on Friday that it has upgraded natural gas utility company WGL Holdings Inc (WGL).
The firm has raised its rating on WGL from “Hold” to “Buy,” and has given the company a $46 price target. This price target suggests a 12% increase from the stock’s current price of $40.62. The upgrade was primarily based on valuation and future investment opportunities.
“Like many utilities in the gas LDC space, the shares of WGL Holdings have come off recent highs and are now trading at a level we consider attractive,” analyst Michael Gaugler comments. “Beyond valuation, we consider the recent announcement of conditional approval of Dominion’s Cove Point facility for LNG export as a positive development in terms of future investment opportunities, given the company’s one-third interest in the Commonwealth Pipeline project, which we believe will be revisited due to future increased demand.”
WGL Holdings shares were mostly flat during pre-market trading Friday. The stock has been mostly flat YTD.
Top 5 Integrated Utility Companies To Buy For 2017: Lennox International, Inc.(LII)
Lennox International Inc. (LII), incorporated on August 13, 1991, is a global provider of climate control solutions. The Company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. The Company operates in three segments: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration. The Company sells its products and services through a combination of direct sales, distributors and company-owned parts and supplies stores. Its products and services are sold through various distribution channels under various brand names.
Residential Heating & Cooling
The Company manufactures and markets a range of furnaces, air conditioners, heat pumps, packaged heating and cooling systems, equipment and accessories to improve indoor air quality, comfort control products, replacement parts and related products for both the residential replacement and new construction markets in North America. The Lennox and Aire-Flo brands are sold directly to a network of approximately 7,000 independent installing dealers. The Allied Air Enterprise brands (Armstrong Air, Air-Ease, Concord, Ducane and Magic-Pak) include a line of heating and air conditioning products and are sold through independent distributors in North America.
The Company is engaged in growing its network of approximately 190 Lennox PartsPlus stores across the United States and Canada. These stores provide an access solution for contractors and independent dealers to obtain universal service and replacement parts, supplies, convenience items, tools, Lennox equipment and original equipment manufacturer (OEM) parts. Its Advanced Distributor Products (ADP) operation builds evaporator coils and air handlers under the ADP Advanced Distributor Products brand, as well as the Lennox brand. ADP sells its own ADP branded evaporator coils to over 400 HVAC wholesale distributors acr oss North America, as well as a line of evaporator coils to ! Allied Air Enterprise.
The Company competes with United Technologies Corp., Ingersoll-Rand plc, Paloma Industries, Inc., Johnson Controls, Inc., Daikin Industries, Ltd. and Nortek, Inc.
Commercial Heating & Cooling
In North America, the Company manufactures and sells unitary heating and cooling equipment used in light commercial applications, such as low-rise office buildings, restaurants, retail centers, churches and schools. The Company’s product offerings for these applications include rooftop units ranging from 2 to 50 tons of cooling capacity and split system/air handler combinations, which range from 1.5 to 20 tons of cooling capacity. These products are distributed primarily through commercial contractors and directly to national account customers. It also includes Lennox-branded variable refrigerant flow (VRF) commercial products through Lennox company-owned distribution. Its National Account Services (NAS) provides installation , service and preventive maintenance for commercial HVAC national account customers in the United States and Canada.
In Europe, the Company manufactures and sells unitary products, which range from 2 to 70 tons of cooling capacity, and applied systems with approximately 200 tons of cooling capacity. The Company’s European products consist of small package units, rooftop units, chillers, air handlers and fan coils that serve medium-rise commercial buildings, shopping malls, other retail and entertainment buildings, institutional applications and other field-engineered applications. The Company manufactures heating and cooling products in several locations in Europe and markets these products through both direct and indirect distribution channels in Europe, Russia, Turkey and the Middle East.
The Company competes with United Technologies Corp., Ingersoll-Rand plc, Paloma Industries, Inc., Johnson Controls, Inc., Daikin Industries, Ltd., Nortek, Inc. a nd AAON, Inc.
The Co! mpany man! ufactures and markets equipment for the global commercial refrigeration markets under the Heatcraft Worldwide Refrigeration name. The Company sells these products to distributors, installing contractors, engineering design firms, original equipment manufacturers and end-users. Its global manufacturing, distribution, sales and marketing footprint serves customers in over 70 countries across the world. The Company’s commercial refrigeration products for the North American market include condensing units, unit coolers, fluid coolers, air-cooled condensers, air handlers, display cases and refrigeration rack systems. These products preserve food and other perishables in supermarkets, convenience stores, restaurants, warehouses and distribution centers. In addition, its products are used to cool a range of industrial processes, including data centers, machine tooling and other critical cooling applications. The Company provides application engineering for consulting engineers, con tractors, store planners, end customers and others to support the sale of commercial refrigeration products. In addition to providing refrigeration systems and display cases, it also provides installations for its supermarket customers in Mexico.
In international markets, the Company manufactures and markets refrigeration products, including condensing units, unit coolers, air-cooled condensers, fluid coolers, compressor racks and industrial process chillers. It has manufacturing locations in Germany, France, Brazil and China. In Australia and New Zealand, the Company is has a wholesale distribution business serving the HVACR industry with over 60 locations serving its customers, which also includes the sale of refrigerant. In addition, the Company owns a common stock interest in a joint venture in Mexico that produces unit coolers, air-cooled condensers, condensing units, compressors and compressorized racks.
The Company competes with Hussmann Corp oration, Paloma Industries, Inc., Emerson Electric Co., Unit! ed Techno! logies Corp., GEA Group, Alfa Laval, Guntner GmbH and Panasonic Corp.
- [By Greg Williamson]
Watsco’s current P/E of 24.5 is in the same ballpark as its competitor Lennox International (NYSE: LII ) (NYSE: LII ) (NYSE: LII ) , whose P/E is 23.8. Lennox is a manufacturer of HVAC equipment and components, and will also benefit from HVAC industry tailwinds.
Hot Canadian Companies To Buy Right Now: Alon USA Partners, LP(ALDW)
Alon USA Partners, LP refines and markets petroleum products in the United States. The company owns and operates a crude oil refinery in Big Spring, Texas with crude oil throughput capacity of 73,000 barrels per day. It refines oil into petroleum products, including gasoline, diesel, jet fuel, petrochemicals, petrochemical feed stocks, asphalts, and other petroleum products. The company sells its products through its wholesale distribution network to retail convenience stores and other third-party distributors primarily in Central and West Texas, Oklahoma, New Mexico, and Arizona. Alon USA Partners GP, LLC serves as a general partner of the company. The company was founded in 2012 and is based in Dallas, Texas. Alon USA Partners, LP is a subsidiary of Alon USA Energy, Inc.
- [By Tom Dorsey]
Over a several day period, I submitted questions and Mr. Eisman, President, Chief Executive Officer and Director of Alon USA Energy Inc. (ALJ) and the parent company of Alon USA Partners LP Inc. (ALDW) responded. He provided some key insights to some challenges the company faces, where the company is going, and the opportunities available in the future. This insight should provide investors with additional information to understand the value of the company and the opportunity as an investor in the company.
Top 5 Integrated Utility Companies To Buy For 2017: HP Inc.(HPQ)
HP Inc. provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), as well as to the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin client PCs, tablets, retail point-of-sale systems, calculators and other related accessories, software, support, and services for the commercial and consumer markets. The Printing segment provides consumer and commercial printer hardware, supplies, media, scanning device, and software and services; and laserjet and enterprise, inkjet and printing, graphics, and software and web services. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Al to, California.
- [By Amber Hestla, Michael J. Carr]
Among its suppliers is Flextronics International (Nasdaq: FLEX), which offers a variety of engineering services and provides supply chain management. Other Flextronics customers include Hewlett-Packard (NYSE: HPQ), LG and Google's (Nasdaq: GOOG) Motorola Mobility.
- [By Stoyan Bojinov]
The Palo Alto-based computer manufacturer Hewlett-Packard (HPQ) announced on Monday that it expects to ship significantly fewer notebooks in the coming year.
According to an internal forecast, the company is expected to ship 21 million laptop units in 2014, which would mark a serious deterioration from 2012′s sales figure of 32 million units. Looking out even further, it was reported that HP’s 2015 sales figure could be as low as 19 million units; as far as the current year goes, most are predicting sales of fewer than 30 million units. The undeniable shift into the mobile space has resonated well for tablets, while taking a big bite out of HP’s “bread and butter” notebook division.
Hewlett-Packard shares traded sideways on Monday, gaining 0.38% on the day. The stock is up nearly 57% YTD.
Top 5 Integrated Utility Companies To Buy For 2017: Tarena International, Inc.(TEDU)
Tarena International, Inc., through its subsidiaries, primarily provides information technology (IT) professional education services through part-time and full-time classes in the Peoples Republic of China. It offers education courses in 11 IT subjects, such as Java, .NET, C++, software testing, PHP, embedded, Android, iOS, Big Data, Web front-end development, and Linux and network engineering; and 3 non-IT subjects comprising digital art, online sales and marketing, and accounting through live distance instruction, classroom-based tutoring, and online learning modules. The company also provides two kid education programs, including Tongcheng and Tongmei. Tarena International, Inc. was founded in 2002 and is headquartered in Beijing, the Peoples Republic of China.
- [By Monica Gerson]
Tarena International Inc(ADR) (NASDAQ: TEDU) is estimated to post a quarterly loss at $0.03 per share on revenue of $39.35 million.
Ituran Location and Control Ltd. (US) (NASDAQ: ITRN) is projected to post earnings for the recent quarter.