New York Attorney General Letitia James submitted a filing on Thursday asking for proof that the company covering Donald Trump's $175 million bond in his fraud case is actually "financially sound." James told the New York City civil court — where Trump was found liable for damages upwards of $464 million — that she had serious concerns about Knight Speciality …
Mumbai: Insurance companies have welcomed the government’s plan of introducing insurance bonds as an alternative to bank guarantees but said that the pricing should be market driven for insurers to offer such a product to cover unexpected liabilities in a project. The pricing of the insurance bond should not be controlled but should be market driven.” Karni Singh Arha, chief …
