Post by
patchh on Sep 06, 2024 6:34pm
Bond Companies Inc the Insurance Rhea - page 5 Doket 532
""" Page 5
copy protected - just hav to read...
there are three Bonds w an inssuranche Rhea Munic Rhea (pala re-insurance bond on the bond)
HAV 2 HAV The Bond @ TIme of Bid//
NV powere came in w a submarine and contaminated all three bonds currently in force..
there are permits and there are bonds - cannot doo ONE w/o the other,
the innsurance Rhe'as are insurance that the ohter bonding companies hav enuff cast @ time of a claim...
AIG in Ca was Insurance Re by Warren Buffet - he was instrumental up there a few years ago - collapsint the insurance market whe a large claim was filed... his en was aorund 250M$.. the Ca Govt had to come in and plug the mess...
i smell a law siut...