In simple terms, a commutation reduces a criminal penalty. This may include shortening a prison sentence or replacing a death sentence with life imprisonment. Unlike a pardon, which forgives a crime ...

President Joe Biden announced Thursday he is commuting the sentences of nearly 1,500 people who were placed on home confinement during the COVID pandemic and pardoning 39 others convicted of ...

Discover how commutation agreements work, including methods to value claims and discharge reinsurance obligations, ensuring financial stability and risk management.