The top two municipal bond insurers wrapped $31.845 billion in 2023, up 10.4% from the $28.847 billion of deals in 2022, according to Refinitiv data.

While a bond is not an insurance policy, you may hear the term “bonded and insured.” That’s referring to two separate things: Insured means that you purchased business liability insurance.

Bond insurance is a form of credit enhancement because it makes a company's or agency's bonds less risky to investors. Read on to learn how bond insurance works, why issuers use it, and how it ...

General Indemnity Group, LLC ("GIG") is an insurance holding company founded in 2015. It specializes in acquiring and operating companies that underwrite and distribute insurance products.

US insurance brokerage Bowen, Miclette & Britt Insurance Agency (BMB) has announced the acquisition of M Surety Services, bolstering its presence in the contract surety bond market. The financial ...

Bond insurance is a safety net that guarantees the payment of principal and interest on a bond if the issuer defaults. If the company or government entity can’t repay the debt as promised, the ...

The New York-based company is months away from remaking itself. The sale of its bond-insurance business would leave Ambac with two business segments: property and casualty, and specialty underwriting.

Business Business Services Financing, Insurance & Leasing The Importance of Surety Bonds for the Concrete Contractor Many public and private projects require contractors to be bonded and licensed.

El Cajon, CA---- 05/03/2016-- The premier insurance provider to California, Arizona, Nevada, Washington and Texas area contractors announced that that they now offer contractor license bonds to ...