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A fidelity bond or fidelity guarantee is a form of insurance protection that covers policyholders for losses that they incur as a result of fraudulent acts by specified individuals. It usually insures a business for losses caused by the dishonest acts of its employees.
Fidelity bond is a form of casualty insurance that covers policyholders for losses incurred as a result of fraudulent acts by specified individuals. It usually insures a business for losses caused by the dishonest acts of its employees. Hurricane Katrina caused over $80 billion of storm and flood damage.
In 1998 it acquired USF&G, known formerly as United States Fidelity and Guaranty Company, an insurance company based in Baltimore, Maryland, for $3.9 billion in stock and assumed debt. [8] [9] By buying USF&G, they went from the 13th to the eighth largest property and casualty insurance company in the United States. Through economies of scale ...
Bring balance to your portfolio. The addition of bond funds to a portfolio that contains equities can lower volatility and risk while adding income and diversification. Mutual funds lower the ...
With their lower volatility, it still makes sense to diversify your portfolio with bonds.The stock market saw large returns over the past year, but bond investors didn't reap as many rewards.
Broker's bonds, including insurance, mortgage, and title agency bonds; ERISA (Employee Retirement Income Security Act) bonds; Motor vehicle dealer bonds; Freight broker bonds; Money transmitter bonds; Health spa bonds, which assure that a health spa will comply with local laws relating to their field, as well as refund dues for any prepaid ...