Financial Loss Insurance
Financial Loss Insurance protects individuals and companies against various financial risks. For example, a business might purchase cover to protect it from loss of sales if a fire in a factory prevented it from carrying out its business for a time. Insurance might also cover the failure of a creditor to pay money it owes to the insured.
Financial Loss Insurance Books
Financial Loss Insurance News
- Captive owners using assets to back LOCs 9 Mar 2010
The high cost of collateral is pushing more captive owners to leverage their facilities’ financial assets to offset the expense, several captive experts say. Captives more often are using their assets, such as cash premiums paid into the facility or money that’s been invested to pay captive losses, … - Fraudulent Transfer Peril For Financial Firms Outlined 4 Mar 2010
A consulting firm is warning that financial firm risk managers face increasing peril from fraudulent claims on behalf of bankrupt companies. The activity is detailed in a study “Risky Business: Financial Firms Face Wave of Fraudulent Transfer Claims,” released by Navigant Consulting, Inc. (NCI), an… - Insurers don’t pose systemic risk 4 Mar 2010
WASHINGTON–A coalition of property/casualty insurers has written the chairman of the Senate Banking, Housing and Urban Affairs Committee asking that the property/casualty industry not be subject to “bank-centric” financial services regulation. In a letter sent Tuesday to Sen. Chris Dodd, D-Conn., t… - USAA’s Battle Plan 25 Feb 2010
When Staff Sergeant Corey Mason wants to deposit a check, he doesn’t use an ATM, a teller at a branch, or even a stamped envelope and deposit slip. Rather, the 37-year-old GPS systems specialist takes a picture of the check with his iPhone, uses an app to send it to …
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