Analysts at AM Best have warned ahead of the second special session of Florida lawmakers that further insurer insolvencies are possible if immediate and substantive long-term reforms arent realised. Source: Rebecca Blackwell, AP Governor of Florida, Ron DeSantis, has called the session in order to work with the Legislature to introduce more competition and policies…
Dec. 8A former postal carrier who used the position to receive cocaine shipments in an attempt to pay massive debts stemming from his gambling addiction, according to his lawyer was sentenced Wednesday to the two days he has already spent in jail and five years of supervised release. TIME SERVED DEFENDANT: Jesus “Doddy” Rodriguez, 53,…
Log in to your account FREE Sign up to Accountancy Daily and enjoy Unlimited analysis & case report access Exclusive surveys & industry updates And much, much more… Sign up Future threats can be mitigated and potentially avoided through proactive restructuring, and it is important to continually monitor the viability of a business, explains Niten…
CALGARY, AB, Dec. 5, 2022 /CNW/ – MNP Ltd., the insolvency subsidiary of national professional services firm MNP LLP, is pleased to announce that it has merged with The Bowra Group, effective December 1, 2022. The Bowra Group is a boutique financial advisory practice based in Vancouver with an additional office in Edmonton. Established in…
STATEN ISLAND, N.Y. — It all started when family members of Adem Selita, 31, and Dino Selita, 42, were struggling to pay off their credit card debt. After helping some family members and friends, the Selita brothers, who reside in Dongan Hills, seemed to develop a knack for solving peoples debt problems — so much…
OLDWICK, N.J.–(BUSINESS WIRE)–As Florida legislators prepare another special legislative session to help stabilize its troubled property insurance market, AM Best is of the view that without immediate and substantive long-term legislative reforms, the potential for further insurer insolvencies remains. The Bests Commentary, Florida Government Seeks to Repair Property Insurance Market, states that many market participants…
Two former Bury FC chairmen who were involved in the running of the club during its darkest dayshavebeen declared bankrupt within months of each other. In July, a bankruptcy order was made for businessman Steve Dale who bought the club in December 2018. In October, the man from whom he bought the club, Stewart Day,…
The liquidators of Rangers’ old operating company have come to a 54million settlement with HMRC, 10 years after the oldco was declared insolvent. The revenue service had initially claimed 94.4m, the bulk of which came from the use of employee benefit trusts (EBTs) to pay staff between 2001 and 2009. Players, staff and directorshad been…
(Credit: Unsplash) This article is brought to you in association with theEuropean Commission. The European Commission has today put forward measures to further develop the EUs Capital Markets Union (CMU): to make EU clearing services more attractive and resilient, supporting the EUs open strategic autonomy and preserving financial stability. to harmonise certain corporate insolvency rules…
Two former Bury FC chairmen who were involved in the running of the club during its darkest dayshavebeen declared bankrupt within months of each other. In July, a bankruptcy order was made for businessman Steve Dale who bought the club in December 2018. In October, the man from whom he bought the club, Stewart Day,…