insurance premium financing News

Viewpoint: What Role Could Insurance Premium Finance Have Played in Recent Bank Failures? (Part 2)

The longer the maturity and the lower the coupon, the more sensitive the note/bond price is to changes in interest rates. To pause and reflect for a moment on what we’ve discuss so far, the price of the bonds held …

Viewpoint: What Role Could Insurance Premium Finance Have Played in Recent Bank Failures?

On March 10, while most Americans were diligently toiling away in their jobs, very few people likely understood the silently ticking time-bomb sitting inside the balance sheets of many of our bank-brethren in our important banking industry. Few would have …

Sparta Capital Management, LLC launches new Premium Finance Division using a cloud-based solution from Input 1

Woodland Hills, CA, January 16, 2019 – Input 1, LLC, a multinational provider of insurance billing products and services, is proud to announce that Sparta Capital Management, LLC has selected Input 1’s Premium Billing System (PBS) as its servicing platform …

Financing Firm to Pay $200K for Prematurely Cancelling Auto Policies in Mass.

An Illinois-based premium financing provider has agreed to pay $200,000 to resolve allegations that it illegally and prematurely cancelled certain financed auto insurance policies affecting nearly 200 Massachusetts customers. The agreement was announced Thursday by Massachusetts Attorney General Martha Coakley’s …

Premium Finance Firm to Pay $160K for Prematurely Canceling Mass. Auto Policies

A New York-based premium financing provider has agreed to pay $160,000 to resolve allegations that it illegally cancelled certain financed auto insurance policies affecting close to 100 Massachusetts customers, according to an announcement today by Massachusetts Attorney General Martha Coakley. …