Discover how insurance guaranty associations protect policyholders and claimants if an insurer faces insolvency, detailing ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Andy Smith is a Certified Financial ...
Business failure has historically been a risk insurance carriers have assiduously avoided. Other than trade-credit insurance and limited credit-enhancement policies, the risk of default of a business ...
Mark Ricciardelli, co-founder and CEO of Asterisk Financial in Middletown, says his firm's new product should help small business owners feel more comfortable taking on debt. PHOTO/LISA WILDER In a ...
The negotiations and due diligence are over. You are at the closing table, in a hurry, and staring at a stack of form loan documents. When you come to the personal guaranty, you pause and consider ...
A personal guarantee is an agreement that a business owner will use their own assets, if necessary, to repay their business’s debts. Providing a guarantee can widen your loan and business credit card ...
HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE: AGO) (together with its subsidiaries, Assured Guaranty), the leading financial guaranty insurance company, announced today that it has ...
DEPOSIT insurance schemes were a product of the 1930s, when the loss of confidence of savers caused the collapse of many small American banks, worsening the Great Depression. The practice became ...