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National insurance news for USA insurance professionals. Read American insurance news, analysis, and interviews with leaders in the US insurance industry.
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Canadian business owners can now insure a personal guarantee - early demand shows exposure
1+ week, 4+ day ago (384+ words) Every Canadian small business owner who has borrowed commercially through a bank or alternative lender is likely familiar with the personal guarantee. Before a lender releases capital to a company, it typically requires the principal - sometimes multiple principals - to sign…...