Six brokers from bankrupt Lorentzen & Co join Affinity – Splash247 – Splash 247

Richard Fulford-Smith-led broking firm Affinity has hired six former employees of Lorentzen & Co which declared bankruptcy after over 100 years in business. The former Lorentzen staff joined Affinitys bulker-oriented entity, Affinity Dry Bulk, and will establish the companys new New York base. According to a LinkedIn post by Affinity Dry Bulks director Hans Bredrup,…

FIGA Sells Muni Bonds to Keep Up with Insolvent Insurer Claims – Insurance Journal

Article 0 Comments New You can now listen to Insurance Journal articles! The Florida Insurance Guaranty Association, which handles the claims of insolvent insurers, plans to borrow $600 million by selling municipal bonds, according to preliminary offering documents. It is the first time in three decades the agency has tapped the municipal bond market to…