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 ...
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 ...
Guarantee Insurance Company, a subsidiary of Patriot Risk Management, Inc., announced that Chris Rhoden has joined its team as Underwriter, Alternative Markets. In his new role, Mr. Rhoden will ...
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 ...
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What Does a Guarantor Do?
A guarantor is a person who agrees to take responsibility for a borrower’s debt or other financial obligation in the event of a default. Depending on the type of guarantee needed, a guarantor can be ...
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 ...
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