In recent years, the property and casualty (P&C) insurance sector in the United States has been grappling with increasing challenges as secondary perils, such as severe convective storms, inland flooding, and wildfires, grow both in frequency and severity. Traditionally considered minor compared to
The recent decision by the Export-Import Bank (Ex-Im) to approve a $5 billion loan for the construction of a liquefied natural gas (LNG) pipeline in Mozambique has sparked significant controversy. Originally established in 1934, the Ex-Im Bank's mission is to support American jobs by facilitating
What does it take for a county to achieve the highest possible credit rating for eight consecutive years? In the suburbs of Philadelphia, Montgomery County has managed to do just that, reaffirming its prestigious Aaa bond rating from Moody's Investors Service. This sustained financial excellence is
The recent upgrade of the FAIR Oil & Energy Insurance Syndicate's (FOEIS) credit ratings by AM Best marks a significant achievement. This improvement saw FOEIS' Financial Strength Rating rise from B+ (Good) to B++ (Good) and its Long-Term Issuer Credit Rating jump from “bbb-” (Good) to “bbb”
Divorce poses numerous challenges, one of the most critical being the potential for severe credit damage due to jointly held mortgages. Thousands of divorcees in the US have received a stark warning about the financial pitfalls of joint mortgages, particularly when ex-spouses struggle to meet
Current trends and market analysis reveal a growing preference among younger shoppers for flexible payment solutions when purchasing luxury fashion items. Recent advancements such as buy-now-pay-later (BNPL) services are shaping the future of luxury retail. This analysis highlights the reasons
