Bond insurance
Bond insurance (also known as "financial guaranty insurance") is a type of insurance whereby an insurance company guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the issuer of the bond or security.
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The 75th Anniversary of the Historic Golden Gate Bridge; Fireman's Fund ... - MarketWatch (press release)
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The 75th Anniversary of the Historic Golden Gate Bridge; Fireman's Fund ... MarketWatch (press release) Having the construction bond insured by Fireman's Fund helped to create confidence in the project. "We are so proud to share in the rich history of this iconic bridge whose extraordinary architecture and beauty has led it to become a symbol of the ... |
Published on Tuesday 22nd of May 2012 10:06:17 PM
TEXT-Fitch rates Group Health bonds 'BBB-', cuts IFS - Reuters
Posted by admin / Under Bond Insurance
TEXT-Fitch rates Group Health bonds 'BBB-', cuts IFS Reuters Fitch is also downgrading GHC's and its subsidiary Group Health Options, Inc.'s (GHO) (collectively Group Health) Insurer Financial Strength (IFS) ratings to 'BBB-' from 'BBB'. The Rating Outlooks are Stable. A complete list of rating actions follows ... |
Published on Tuesday 22nd of May 2012 10:06:17 PM
Judge denies MBIA demand for information from banks - Reuters
Posted by admin / Under Bond Insurance
 Thomson Reuters News & Insight | Judge denies MBIA demand for information from banks Reuters ... probe By Karen Freifeld NEW YORK, May 22 (Reuters) - Banks challenging bond insurer MBIA Inc's 2009 restructuring don't have to answer questions about whether they pushed state senators to start an investigation, a New York judge ruled on Tuesday. In MBIA regulatory case, banks want to change standard of review |
Published on Tuesday 22nd of May 2012 10:06:17 PM
Securities Industry Examines Faster Payment for Stock and Bond Trades - MarketWatch (press release)
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Securities Industry Examines Faster Payment for Stock and Bond Trades MarketWatch (press release) In the US financial markets, all equity, corporate and municipal bond and UIT trades are settled on T+3. The value of these trades averaged nearly $450 billion per day in 2011. DTCC's subsidiary the National Securities Clearing Corporation (NSCC) ... |
Published on Tuesday 22nd of May 2012 10:06:17 PM
Pets Best Insurance Reports its Top Most Costly Pet Insurance Claims - PR Web (press release)
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Pets Best Insurance Reports its Top Most Costly Pet Insurance Claims PR Web (press release) Pets Best Insurance says the sky high pet insurance claim submissions the company continues to see are a testament to the continual strengthening of the pet-owner bond. “People who love their pets will do anything for them,” Pets Best Insurance ... |
Published on Tuesday 22nd of May 2012 10:06:17 PM
Spanish Debt Insurance Costs Rise, Bond Auction Eyed - Wall Street Journal
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Spanish Debt Insurance Costs Rise, Bond Auction Eyed Wall Street Journal Credit default swaps are derivatives that function like an insurance contract for debt. If a borrower defaults, sellers compensate buyers. Spain's bond auction is likely to be the main event Thursday. The sovereign is looking to auction up to EUR2.5 ... |
Published on Tuesday 22nd of May 2012 10:06:17 PM
City man charged with insurance fraud - Journal Review
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City man charged with insurance fraud Journal Review Troy E. Murphy, 40, is charged with Class C felony insurance fraud, Class D felony theft and Class A misdemeanor false reporting. His bond has been set at $6000 surety or $2000 cash. Court records said Murphy filed a police report on Dec. 5. |
Published on Tuesday 22nd of May 2012 10:06:17 PM
BOJ seen on hold, keeping powder dry as Europe clouds darken - Reuters
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BOJ seen on hold, keeping powder dry as Europe clouds darken Reuters "As exports to China remain weak, the possibility of a prolonged slump in China's economy is a source of worry for Japan's economy," said Yuichi Kodama, an economist at Meiji Yasuda Life Insurance in Tokyo. "But given that the BOJ has just eased policy ... |
Published on Tuesday 22nd of May 2012 10:06:17 PM
Sheriff's office: Fake insurance adjuster arrested on fraud charges - Palm Beach Post
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Sheriff's office: Fake insurance adjuster arrested on fraud charges Palm Beach Post By Julius Whigham II A suburban Boynton Beach man was arrested Tuesday on charges that he fraudulently represented himself as an insurance claims adjuster, the Palm Beach County Sheriff's Office said. Vicenezo Gurrera, 42, was arrested on four counts ... |
Published on Tuesday 22nd of May 2012 10:06:17 PM
3 seek open seat in Senate - Houston Chronicle
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3 seek open seat in Senate Houston Chronicle Norman believes that shifting TWIA money from purchasing re-insurance to bond issuance could infuse TWIA immediately with as much as $500 million. His campaign has drafted a coastal insurance plan. A June 19, 2009 press release from Gov. |
Published on Tuesday 22nd of May 2012 10:06:17 PM
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