Insurers and others are closely following efforts by the National Association of Insurance Commissioners (NAIC) to develop a new, comprehensive, “principles-based” definition of debt securities for ...

Bond insurance is a safety net that guarantees the payment of principal and interest on a bond if the issuer defaults. If the ...

Bond insurance protects investors if the bond issuer defaults, ensuring missed payments are covered. Insured bonds often receive higher ratings, reducing risk and allowing issuers to pay lower ...