The Fed and How It Got That Way Here is a quick history of the Federal Reserve and an overview of what it does. Related Content Risk Perspective Is it possible to avoid loss? Not entirely, but you can attempt to manage risk. Insurance Needs Assessment: Married With Children When you’re married and have children, insurance needs will be different. Inventorying Your Possessions Creating an inventory of your possessions can save you time, money and aggravation in the event you someday suffer losses.