The conventional method of dealing with such a liability is to simply invest in capital gains bonds. At Personalfn, we believe there is more than one way of doing this. However, before discussing the various alternatives, let us understand.
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Three major bond insurers appear to be working with Detroit’s emergency manager to gauge their liability in the midst of the city’s bankruptcy filing last Thursday. Ambac Assurance Corp., Assured Guaranty and MBIA’s National Public.
This type of peril is often excluded from liability policies, so to protect against losses purposefully caused by an employee a company would have to purchase a discovery bond. Discovery bond covers losses from fraud that are discovered.
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Steven H. Hochman, an assistant director at Moody’s Investors Service, said that the bond proposal was not viewed as ”something designed to improve the state’s overall condition.” ”It shifts the liability from the pension account to their.
A fidelity bond protects a business from dishonest acts committed by employees against the employer or business. Fiduciary liability insurance pays the amount a business becomes legally liable to pay as a result of a breach of.
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“This robust response from the international markets reflects that our manifest confidence in the strength of the Philippine economy and liability management strategy is very well-placed,” De Leon said. Of the proceeds of this global bond.
The term is fixed-income code for what would basically a tender or exchange offer for existing Anglo subordinated debt — about €1.7bn of Lower Tier 2 bonds — which sit further down in the nationalised bank’s capital structure than senior debt.
Travelers Bond, a division of Travelers Property Casualty Corp., has extended its fiduciary liability policies to provide a sublimit of coverage for civil fines and penalties assessed under the Health Insurance Portability and Accountability Act.
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ERISA bonds protect employee benefit plans against loss by acts of fraud or dishonesty. Learn about ERISA fidelity policies at Travelers.
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Professional liability insurance helps protect against claims from unhappy clients. Explore professional liability insurance from Travelers.
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It is always interesting to listen to the owners of mortgage companies who share their view of Mortgagee’s Errors and Omissions, Professional Liability, and Fidelity Bond policies. Many have a perceived notion that there is complete.
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The city’s unfunded pension liability is weighing on Fort Worth’s financial picture as Moody’s Investors Services downgraded city general obligation bonds for a second straight year. Moody’s, one of the nation’s three credit rating.
MUMBAI: Business process outsourcing firm Firstsource Solutions, which was recently acquired by the Sanjiv Goenka Group, has repaid its full outstanding foreign currency convertible bonds (FCCB) liability of $237 million (about Rs.
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NEW BRITAIN — If financial market conditions remain favorable, the city could proceed as early as July or August with a plan to sell more than $100 million in bonds to cover its unfunded police and fire pension liability, officials said Thursday.
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