Bond insurance protects investors if the bond issuer defaults, ensuring missed payments are covered. Insured bonds often receive higher ratings, reducing risk and allowing issuers to pay lower ...

When major disasters strike — like hurricanes, earthquakes or wildfires — the financial losses can be massive. Insurance companies often struggle to cover all claims, which is where catastrophe bonds ...

In many communities at high risk for natural disasters, a Wall Street financing tool that's gaining popularity, called a catastrophe bond, may make it easier for homeowners to get insurance. On Oak ...