President Biden publicizes recent rules to eliminate lead in drinking water in Milwaukee in October. The Midwest has a disproportionate share of the nation’s lead-lined water pipes. U.S. EPA The…
Municipals were regular Tuesday as market participants mostly sat on the sidelines to await the outcomes of the election and Thursday’s Federal Open Market Committee rates decision, each of which…
The NIU campus. The university’s latest debt will finance energy efficiency projects affecting roughly half of campus buildings. Northern Illinois University Northern Illinois University will issue $62 million of Series…
Hollywood High School is an element of the Los Angeles Unified School District, which is asking voters to authorize $9 billion of bonds. Bloomberg News The Los Angeles Unified School…
The broad benchmark index for insurance-linked securities (ILS) funds, the Eurekahedge ILS Advisers Index, has recorded the best monthly return since its inception in 2006 for the second consecutive month,…
Fitch Rankings upgraded the District of Columbia’s ballpark revenue bonds Series 2006A and 2006B to AA from AA-minus, a development that Washington officials consider highlights the strong current and future…
In keeping with the administrators of the Florida Hurricane Catastrophe Fund (FHCF), losses to the fund that gives a reinsurance-like reimbursement for a portion of residential property insurers’ hurricane losses…
The town council in Payson, Arizona, rescinded its Aug. 21 approval of $70 million of tax-exempt bonds within the wake of ongoing litigation and opposition to the debt sale from…
Fitch Rankings Director Tammy Gamerman said the long-term increase in frequency and intensity of hurricanes could hinder Florida’s economic growth. Hurricane Milton caused more damage that may require reimbursement from…
We’ve learned that insurer USAA is aiming to upsize its latest catastrophe bond to supply $450 million of occurrence reinsurance protection, up from the initial $325 million goal, while at…