Ambac Financial Group ABK
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Regulator seeks $800 mln for Ambac policyholders
* Wisconsin hopes to pay some claims from segregated account
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Return of the Debt Crisis (Again)
… specific insurance firms: Allianz Estimates Katrina Losses Ambac Raises Katrina Exposure Aspen Estimates Katrina Claims ..... the impact on financial guarantors (including MBIA MBI, Ambac ABK , and FGIC), see this piece by Dreyfus Neenan. Below …
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Dancing at the Edge of a Cliff
On Thursday, Ambac Financial Group ABK increased its estimated exposure to ..... revenue in the near future--forcing Ambac to finance the missing interest payments ..... guarantors only with a margin of safety. Ambac also announced that all of the hospitals …
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A Changing Municipal Landscape
… highly rated bonds. Just as critical was the sudden lack of faith in bond insurance. Eager to increase revenues and profits, AMBAC and MBIA, the leading providers of third-party muni-bond insurance, had branched out into other sectors of the bond market …
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New Morningstar Analyst Report - Assured Guaranty
… forbearance saved Assured from incurring the severe rating downgrades imposed on industry-leading competitors MBIA MBI and Ambac , which has essentially driven these two former market leaders into runoff. As a result, Assured catapulted into the lead …
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UPDATE 1- Ambac sues JPMorgan over mortgage losses
April 2 (Reuters) - Ambac Financial Group Inc, the bond insurer that last month won court approval to emerge from bankruptcy, has sued JPMorgan Chase & Co to recover losses on mortgage securities...
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Ambac sues JPMorgan over mortgage losses
April 2 (Reuters) - Ambac Financial Group Inc, the bond insurer that last month won court approval to emerge from bankruptcy, has sued JPMorgan Chase & Co to recover losses on securities it insured...
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UPDATE 1- Ambac gets court's OK on plan to exit bankruptcy
* IRS must accept settlement for plan to become effective
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Ambac gets court's OK on plan to exit bankruptcy
* IRS must accept settlement for plan to become effective
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Hercules, Calif. to avoid bankruptcy-city manager
SAN FRANCISCO, March 5 (Reuters) - The city of Hercules, California is no longer at risk of a municipal bankruptcy after settling a lawsuit by bond insurer Ambac Assurance Corp, the city's manager...