Search for: "Financial Guaranty Insurance Company"
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20 Nov 2008, 11:05 am
Title Insurance companies are licensed and regulated by each state the they are authorized to transact business in. [read post]
3 Oct 2008, 8:21 am
MBIA Inc. announced yesterday that MBIA Insurance Corporation (“MBIA”), its financial guaranty insurance company subsidiary, had completed a reinsurance transaction with Financial Guaranty Insurance Company (“FGIC”) whereby MBIA will reinsure FGIC's risks that consist entirely of U.S. public finance bonds with total net par outstanding of about $166 billion. [read post]
9 Mar 2009, 6:04 am
Typically, state guaranty funds are created to help pay the claims of financially impaired insurance companies. [read post]
16 May 2012, 1:28 am
So, when a company’s CEO signs a loan guaranty for the company, is he acting in an official or personal capacity, and will the D&O insurance policy provide protection for liability under the guaranty? [read post]
25 Aug 2011, 2:19 am
Aug. 8, 2011), a Pennsylvania court determined that claims for losses stemming from a failed motion picture arose under an insurance policy, rather than under financial guaranties. [read post]
21 May 2018, 12:56 pm
The bond insurance company, which insures about $5 billion of Puerto Rico bonds, wants a federal court to decide that the U.S. territory’s latest fiscal plan to revive it from financial bankruptcy “invalid. [read post]
16 Sep 2009, 10:12 am
The slow real estate markets continue to wreak havoc on title insurance companies.Fitch Ratings, has downgraded the financial strength rating of Stewart Title Guaranty Co., from "A-" to "BBB+" and the default rating from "BBB" to "BBB-. [read post]
10 Nov 2017, 12:12 pm
LTC coverage has generally been written by life insurance companies, often as a rider on a life insurance product. [read post]
5 Feb 2008, 5:29 pm
NOLHGA was founded in 1983 when the state guaranty associations determined that there was a need for a mechanism to help them coordinate their efforts to provide protection to policyholders when a life or health insurance company insolvency affects people in many states. [read post]
31 Jul 2010, 5:11 pm
Money recovered as a result of the lawsuit will be used to reimburse the insurance guaranty fund who are paying the company’s workers’ compensation claims. [read post]
9 Aug 2010, 6:30 am
WedLock, a new company in North Carolina is touting itself as the first company to offer Divorce Insurance. [read post]
7 Aug 2010, 12:25 pm
It has subpoenaed a number of companies including Northwestern Mutual, Prudential Financial, Inc, MetLife, inc., New York Life Insurance Company, Genworth Financial and Unum Group. [read post]
29 Jul 2009, 3:43 am
Furthermore, the Opinion states that financial guaranty insurance can be issued only by a financial guaranty insurer licensed for that purpose, and only to the extent permitted by Insurance Law Section 6904(b), which does not contemplate the type of insurance proposed here. [read post]
20 Jun 2013, 6:30 am
If the insurance company has financial stability rating lower than B, the wise employer will ask their broker to find a more financially stable insurance company. [read post]
17 Jul 2019, 5:00 am
Subguard is an insurance product to protect the owner and the contractor in case a subcontractor can’t finish the job. [read post]
15 Feb 2008, 10:27 am
The Financial Guaranty Insurance Corporation, a bond insurer that has lost its top credit ratings, has told New York regulators it wants to split into two companies, a spokesman for the state insurance regulator said on Friday. [read post]
20 Aug 2010, 9:00 am
As the divorce rates rise, a North Carolina company, SafeGuard Guaranty Corp. is now offering couples divorce insurance. [read post]
24 Feb 2009, 7:30 am
” The Department’s position is based on the NY Insurance Law, specifically section 7718, which “governs prohibited advertisements of the LIGCNY, the guaranty fund that covers life insurance policies, health insurance policies, annuity contracts, funding agreements and contracts supplemental to life and health insurance policies, annuity contracts or funding agreements issued to a New York resident by a life… [read post]
10 Jul 2010, 7:31 am
Financially insolvent insurance companies go into receivorship. [read post]
25 Oct 2008, 9:03 pm
Government officials worry that the collapse of a major insurer could further destabilize the financial system because of the crucial role the companies play in backstopping a wide range of financial transactions, although the direct impact on holders of car, life and other insurance policies would be modest, industry officials said. [read post]
