Palomar struck a deal to purchase Gray Casualty & Surety in a cash transaction that is expected to enhance the specialty insurance company's surety franchise. Palomar said it agreed to pay Bernhard ...

Investing in bonds can be a smart way to diversify your portfolio, providing a reliable source of income and helping to balance the risk of more volatile investments like stocks. Bonds, which are ...

A bond is a type of investment that involves lending money to an entity, such as a government or a corporation. In return for the loan, the entity agrees to pay a specified rate of interest during the ...

Sept 12 (Reuters) - Property and casualty insurer ACE Ltd will buy Mexican surety company Fianzas Monterrey from New York Life Insurance Company for about $285 million in cash to diversify its ...

The new BOEM rule requires stricter financial assurance standards, impacting 76% of smaller oil and gas operators in the Gulf. Small companies may face significant costs for surety bonds, potentially ...