Brightline Lands $350 Million Assured Loan in Case of Bankruptcy
Brightline has reached a deal with municipal-bond insurer Assured Guaranty Ltd. that would provide the debt-laden Florida railroad with at least $350 million in new loans if it hea...
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Brightline has reached a deal with municipal-bond insurer Assured Guaranty Ltd. that would provide the debt-laden Florida railroad with at least $350 million in new loans if it hea...
Corporates are diversifying away from bank guarantees and insurers are building dedicated capacity to serve them
GUARD's rating was never cut. It was the outlook that signalled concern about three years of underwriting losses. The fact it has now moved back signals credible progress
Specialty insurer grows primary lines 8.8% YTD as fronting segment contracts
A dispute over audits and claims costs followed a $303,000 collateral demand
Amynta Group, an insurance services firm and managing general agent based in New York, said it has acquired Southern States Underwriters and SSC Insurance Agency, based in Richmond...
Usurance has a Utah certificate of authority, no disclosed AM Best rating, and a stated intent to cover two segments where admitted capacity has been thin. For brokers with clients...
The carrier went insolvent after the deal but before a single check cleared
The Florida-based excess and surplus homeowners insurer is testing investor appetite with a huge valuation multiple
US$30 million per-risk capacity and tenors to 15 years target a corner of the London market where supply has lagged institutional demand
Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance broker, announced the acquisition of Vancouver, British Columbia-based Apollo Insurance Solutions Ltd....
Ardmore's collapse could cost the surety market up to £100 million - arriving just as that market had recovered from Buckingham, ISG, Readie and Henry. And the government's retenti...
BHG 2026-2CON is BHG Financial's first co-sponsored ABS deal
He said he did nothing wrong and only backed the agent - the court still turned him away
Liberty says a decades-old deal wiped out 23 policies, leaving one that still falls short
Bermuda's life and annuity sidecar market has quadrupled since 2021, and most vehicles don't reveal what assets back their liabilities
An insolvent insurer's settlement promised legal fees - the appeals court had other ideas
AM Best has revised the outlooks to stable from negative of the companies collectively referred to as Mid-Hudson Group (MHG) and domiciled in Montgomery, New York. At the same time...
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