Cash Flow Value of Credit Insurance

Recently, one of our clients had a potential claim with a covered customer in Mexico.  The customer was not insolvent, but they were not making any payment on the $135,000 that they owed.  Our insured decided to file a claim on their policy immediately, which allowed...

Domino Effect

Recently, hog producer Agfeed Industries filed for Chapter 11 bankruptcy protection.  One interesting factor about this bankruptcy is that, on paper prior to their filing, Agfeed did not set off any alarms about their financial condition.  The company had $244 million...