Securitas News
Preference Claims: Protecting Creditors with Insurance
When a company files for bankruptcy, creditors often face complex challenges, including the risk of preference claims. For businesses extending credit, these claims can be disruptive, jeopardizing their hard-earned payments. Fortunately, trade credit insurance...
How Much Does Accounts Receivable Insurance Cost?
Great question! And one that is asked often. The simple answer is…it depends. However, that’s not too helpful in the context of this post. Let’s break down the factors that influence how much a credit insurance policy can cost. Factors Policy structure – Whole...
Demystifying Accounts Receivable Insurance in 10 Minutes
Accounts Receivable insurance is a straightforward concept. It’s an insurance policy that renews annually. Key policy terms include the Insured (seller), the insured products / services, terms of sale, any retention and the buyer credit limits (the seller’s...
Franchise Group Inc. Bankruptcy and Restructuring
Franchise Group Inc. (FRG), owner of well-known retail brands like Vitamin Shoppe, Pet Supplies Plus, and Buddy’s Home Furnishings, has filed for Chapter 11 bankruptcy. The move follows major financial strains and legal challenges, including mounting debt and issues...
Case Study: A Mis-Managed Credit Insurance Policy
Many property & casualty brokers are not familiar with trade credit insurance. There are a number of reasons for this lack of familiarity – the policy can be a financial decision tied to bank facility, is managed through the finance / credit side of the business,...
UPDATE: For EXIM Clients Affected by Natural Disasters
Image via: The Atlantic The Export-Import Bank of the United States (EXIM) has relief provisions in place for exporters and financial institutions located throughout the United States that have been declared federal disaster areas by the Federal Emergency Management...
Additional REsources
A Few Other Resources We’ve Created
Case Study: A Mis-Managed Credit Insurance Policy
Many property & casualty brokers are not familiar with trade credit insurance. There are a number of reasons for this lack of familiarity – the policy can be a financial decision tied to bank facility, is managed through the finance / credit side of the business,...
UPDATE: For EXIM Clients Affected by Natural Disasters
Image via: The Atlantic The Export-Import Bank of the United States (EXIM) has relief provisions in place for exporters and financial institutions located throughout the United States that have been declared federal disaster areas by the Federal Emergency Management...
ILA 2024: Most Impactful Strike in Decades?
Longshoremen walked off the job at 14 major U.S. East Coast and Gulf Coast ports. The strike, which began at 12:01 a.m. Tuesday, came after contract talks failed between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance...
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