CORRECTIONS.In the Oct. 9 article "Fremont Fremont (frē`mŏnt). 1 City (1990 pop. 173,339), Alameda co., W Calif., on San Francisco Bay; inc. 1956. Long an agricultural center, with champagne vineyards founded (1870) by Leland Stanford, it still ships fruits and vegetables. Averts Insolvency insolvency Condition in which liabilities exceed assets so that creditors cannot be paid. It is a financial condition that often precedes bankruptcy. In the context of equity, insolvency is the inability to pay debts as they become due; insolvency under the balance-sheet ," the entity facing the threat of insolvency and state takeover was misstated. The workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. insurance carrier facing the problems is Fremont Compensation Insurance Co., not its parent company, Fremont General Corp. Also, the carrier did not receive a cash infusion, as indicated in a headline. Rather, it signed a reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. deal to cover past losses. An article in the Oct. 23 Technology News magazine contained an error about the destination of content delivered by IBlast Networks. The content is actually beamed directly into consumers' homes. |
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