David Veno

• New S&P Criteria Lands Assured Guaranty on CreditWatch Negative

  By Staff Writer  |  September 28, 2011

  Standard & Poor's Ratings Services says it is placing the AA-plus financial strength rating of Assured Guaranty Municipal Corp. and the AA rating Assured Guaranty Re Ltd. on CreditWatch with negative implications, prompting an objection to S&P’s new rating criteria by the financial-guaranty insurer.

• Ambac Unit's Distress Prompts Rating Action

  By Daniel Hays  |  March 26, 2010

  Standard & Poor's Ratings Services said the rating status for the Wisconsin subsidiary of municipal bond insurer Ambac Financial Group has been revised after that state's regulator halted claim payments to certain policyholders.