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Cover image for a BOK Financial report titled “Timing the market: How avoiding volatility entirely can hurt long-term reinsurance program performance.” The image shows several road construction barricades with flashing amber warning lights lined up in a nighttime work zone. Beneath the image, red text explains that avoiding volatility can mean falling behind inflation and missing market rebounds that drive long-term surplus growth. The BOK Financial logo appears at the bottom right.
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Timing the Market Can Hurt Long-Term Program Performance

For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.

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Newsby StaffSeptember 8, 2020

 KAR to Deepen Digital Capabilities With Acquisition of BacklotCars

Additional dealer-to-dealer platform will enhance customer choice, transparency and convenience.

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NewsSeptember 3, 2020

NADA Market Beat: New Light-Vehicle Sales Continue to Recover

August’s SAAR of 15.2 million units marked a 4.8% increase from July’s SAAR of 14.5 million units but is down 11% compared with August 2019.

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Newsby StaffSeptember 2, 2020

Black Book Used Vehicle Retention Index Increases 3.0 Points in August

The August index hit a new all-time high, now the highest it’s been since May 2014.

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Newsby StaffSeptember 2, 2020

New Manheim Digital Enhancements Make it Easier for Buyers and Sellers to Conduct Business

Manheim has released three new enhancements to its digital marketplace designed to benefit buyers and sellers: significantly more images on vehicles checked in at a physical location, the opportunity to more easily transact at below-floor prices and an additional sale format.

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Newsby StaffSeptember 1, 2020

COVID-19 Market Updates

Black Book published new insights to their weekly COVID-19 Market Updates, including wholesale prices, retail listing prices, overall wholesale sold volume, used retail listing volume, and BEV sales outlook.

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Newsby StaffAugust 31, 2020

Swapalease.com Releases 2020 Vehicle Lease Trends Report

Honda, Hyundai, Nissan among brands losing drivers due to unfriendly policies.

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Newsby StaffAugust 31, 2020

Treasury Issues Guidance on Payroll Tax Holiday

The Department of the Treasury issued guidance on the Aug. 8, 2020 Presidential Executive Order that defers an employer’s obligation to withhold, deposit, and pay the employee’s portion of the payroll tax on wages earned between Sept. 1, 2020 and Dec. 31, 2020.

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ArticlesAugust 28, 2020

The DOWC vs. The CFC

Do not step over dollars to pick up pennies … picking a formation that is not a good fit will cause exit strategy issues and could cost you ownership of the next formation. Take the time to educate yourself on the different reinsurance formations to ensure success now and in the future.

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Newsby StaffAugust 27, 2020

Consumers Shopping for Auto Insurance at a Higher Rate Despite COVID-19 Challenges

Newly released TransUnion Insurance Shopping Annual Report uncovers impacts of COVID-19 on personal auto insurance.

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Newsby StaffAugust 27, 2020

Black Book Integrates with One Auction View: New Centralized Auction Management Software

New solutions allows dealers to view their wholesale auctions in a simplified view.

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