Throughout the state, the percentage of insured doubled in many counties.
Its massive balance sheet with hundreds of billions of dollars of insured customer deposits began to falter.
At its most simplified, the revision allows big players more access to insured deposits while making certain types of bets.
mid-15c., insuren, spelling variant of ensuren (see ensure). Took on its particular sense of "make safe against loss by payment of premiums" from mid-17c. (replacing assure in that meaning). Related: Insured; insuring.