Search for: "Financial Guaranty Insurance Company"
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29 Nov 2018, 11:58 am
Louis Community College in the spring semester of 2006, and paid for her tuition with financial aid. [read post]
24 Feb 2009, 8:43 am
As the storm clouds gather over once might insurance companies, law firms representing insurers should bear in mind the on-going lessons of the insolvency of Home. [read post]
10 Mar 2012, 4:50 pm
Reason: except for GABC's New York Article 75 guaranty payments (less than 5 percent of total liabilities), GABC's liabilities will be guaranteed by state guaranty associations or life insurance companies. [read post]
10 Feb 2020, 10:55 am
While the Nonadmitted and Reinsurance Reform Act of 2010 (NRRA) authorizes the placement of property and casualty insurance coverage on a surplus lines basis, a number of states, such as New York, expressly prohibit certain lines of insurance that are viewed as traditional lines of property and casualty insurance in other states from being exported to the nonadmitted market, such as financial guaranty insurance. [read post]
8 Mar 2014, 3:01 pm
The insurance companies were not parties, and, therefore, could not be enjoined from providing the required coverage. [read post]
24 Nov 2012, 9:48 pm
Announcing its largest ever deficit at $34 billion, PBGC management urges Congress to raise the insurance premiums that companies pay, preferably with those fees taking into account an employer's financial health and characteristics of a particular plan. [read post]
15 Aug 2019, 11:24 pm
That was just before the financial crash that brought on TERI's bankruptcy because it the venerable nonprofit did not have sufficient reserves to cover the mounting defaults. [read post]
18 Mar 2012, 8:35 pm
GABC is financially viable because of its initial funding, participating guaranty association (PGA) contributions plus voluntary life insurance company enhancements. [read post]
21 Dec 2009, 4:29 pm
In the case of Hartford, the TARP funds did not go directly to Hartford Life Insurance Company, they went to Hartford Financial Services Group, Inc. [read post]
17 Mar 2023, 9:54 am
There seems to be a gap in the Federal Deposit Insurance Act that is going to protect some investors in Silicon Valley Bank’s holding company, SVB Financial Group. [read post]
5 Jun 2019, 2:00 am
The Pension Benefit Guaranty Corp. [read post]
17 Sep 2011, 6:15 am
Here is a link to the Florida Department of Financial Services that shows the Florida insurance companies that are officially in financial trouble. [read post]
17 Apr 2013, 6:30 am
Similarly, the plaintiff may want to take a pledge of the individual's stock in the defendant-company as further insurance against default on the payment obligation.3. [read post]
14 Nov 2011, 12:38 am
The bank holding company’s D&O insurance likely lapsed some time shortly after the holding company’s bankruptcy. [read post]
30 Sep 2013, 1:52 am
The president of the borrower, Paul Pariser, provided a personal guaranty on the loan. [read post]
17 Apr 2009, 2:31 am
It appears that banks are taking advantage of governmental financial programs, such as the FDIC guaranty, in order to abandon TARP and its restrictions. [read post]
28 Oct 2012, 5:04 pm
[Or, to buy an insurance company?] [read post]
28 Oct 2012, 5:04 pm
[Or, to buy an insurance company?] [read post]
30 Mar 2020, 2:14 pm
Section 4008 – Debt Guaranty Authority Section 4008 of the CARES Act authorizes the Federal Deposit Insurance Corporation (FDIC) to establish a debt guarantee program to guarantee the debt of solvent insured depository institutions and depository institution holding companies. [read post]
8 Sep 2009, 7:58 pm
Cypert alleges that when he asked about the personal guaranty, the finance company promised it would not be enforceable, and was included at the behest of the life insurance company. [read post]
