Mercury General Corporation, one insurance company with meaningful exposure to claims from the Los Angeles, California wildfires, has said today that it has not yet determined whether it should consider…
Municipals were firmer ahead of an almost $10 billion new-issue calendar as U.S. Treasury yields rose inside 10 years and equities were up late within the session. For the reason…
Once more, Bermuda has shown its dominant position as a house to structures used for catastrophe bond and insurance-linked securities (ILS) arrangements in 2024, with firms arrange for this purpose…
“Due to the broad, bipartisan support now we have built for the LIHTCs, we consider there may be an actual opportunity to incorporate housing credit provisions within the forthcoming major…
Search and rescue operations in Los Angles Wednesday within the wake of the Palisades Fire. Bloomberg News Fitch Rankings placed 4 credits — led by town of Los Angeles the…
Tower Hill Insurance Exchange, a Florida homeowners and business property insurance underwriter, has returned to the catastrophe bond marketplace for its second time, searching for $100 million or more in…
Rep. Jason Smith, R-Mo., chairs the House Ways and Means Committee weighing the tax-exemption’s fate. The House Ways and Means Committee is considering the whole elimination of tax-exempt bonds, in…
The California Earthquake Authority (CEA) has returned to the catastrophe bond market to sponsor its first issuance since late 2023, looking for $200 million or more in multi-year collateralized California…
Louisiana State Treasurer John Fleming said he would lobby Fitch Rankings for a rating upgrade. Bloomberg News Louisiana plans to sell bonds 4 more times this fiscal yr and at…
CoreLogic, the chance modelling and catastrophe data company, has provided an initial estimate for insured losses from the Los Angeles, California wildfires, saying the overall is anticipated to fall in…