Bond insurance. Bond insurance (also known as financial guaranty insurance) is a type of insurance whereby an insurance company guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the issuer of the bond or security.
Tupac Shakur dies. Hip hop star Tupac Shakur dies on September 13, 1996 of gunshot wounds suffered in a Las Vegas drive-by shooting. More than a decade after his death on this day in 1996, rapper Tupac Shakur remains one of the most recognizable faces and voices in hip-hop.
Shakur was an inspiration for her son's music and oversaw his music catalog and legacy after his death. Tupac Shakur died in 1996 at age 25, the victim of a drive-by shooting as he was leaving a boxing event in Las Vegas. The murder remains unsolved. The sheriff's office will lead an investigation to determine the exact cause and manner of Davis' death.