financial guaranty insurance policies

• Allstate Files Fifth MBS-Related Lawsuit; Credit Suisse Latest

  By Chad Hemenway, PropertyCasualty360.com  |  March 1, 2011

  Allstate Insurance Company has filed its fifth lawsuit in New York against a bank over investment losses on residential mortgage-backed securities.

• 

  Allstate Sues J.P. Morgan Over Mortgage-Backed Securities

  By Chad Hemenway, PropertyCasualty360.com  |  February 18, 2011

  Allstate Corp. has filed a lawsuit against J.P. Morgan Chase & Co. over more than $750 million in mortgage-backed securities purchased from the banks.

• Allstate Sues Countrywide Over $700M In Mortgage-Backed Securities

  By Chad Hemenway, PropertyCasualty360.com  |  January 10, 2011

  Allstate Insurance Co. filed a federal lawsuit against Countrywide Financial Corp. late last month, seeking damages related to its purchases of more than $700 million in mortgage-backed securities from the company.

• Ambac Commutes Remaining CDO Obligations; Future Uncertain

  By Mark E. Ruquet, PropertyCasualty360.com  |  June 8, 2010

  Ambac Financial Group, Inc. has come to an agreement with policyholders to convert all of its remaining $16.4 billion of collateralized debt obligations of asset-backed securities in a combination cash and debt payment, the company said.