Private Credit Could Trigger a Liquidity/Hedge Doom Loop in Life Insurers
Life insurers are exposed to a self-reinforcing liquidity spiral that could be sparked by private credit crisis and fueled by derivative hedges.
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Xcel Defends Wildfire Plans as Policymakers Push Back
After settling a $650 million claim tied to the Marshall Fire, the utility says that its power shutoff strategy is painful but necessary.
