New User:
-or-
Username:
Password:
Forgot your password?
News Breaks
13:12 EDTMBI
theflyonthewall.com: NPFGC reaffirms status of FGIC reinsured policies
National Public Finance Guarantee Corporation, an indirect subsidiary of MBIA (MBI), confirmed that the announcement by Financial Guaranty Insurance Co (FGIC) that the New York State Insurance Department has ordered FGIC to suspend paying claims as of Tuesday, November 24,because it is in violation of the state's minimum capital requirements, will not affect the status of National’s coverage of the FGIC public finance policies reinsured by National. National’s coverage of the FGIC policies covered under the reinsurance agreement will remain in effect with any claims payable directly by National. :theflyonthewall.com



News For MBI From The Last 14 Days
Check below for free stories on MBI the last two weeks.
There is 1 item on the Fly with pertinent information.
Sign up for a free trial to see the rest of the stories you've been missing.
February 8, 2010
08:17 EDTMBI
theflyonthewall.com: MBIA announces restructuring of its asset management subsidiary
MBIA announces that it has restructured its fixed-income asset management subsidiary. The firm, now known as Cutwater Asset Management, will operate under the MBIA corporate umbrella as a separate operating company focused on fixed-income asset management. :theflyonthewall.com