guarantee insurer

• MBIA Accuses Morgan Stanley Of Fraud

  By Mark E. Ruquet, PropertyCasualty360.com  |  December 9, 2010

  Morgan Stanley became the sixth financial institution to be sued by guarantee insurer MBIA Insurance Corp.

• Ambac May File for Bankruptcy by Year End

  By Chad Hemenway, PropertyCasualty360.com  |  November 3, 2010

  Ambac Financial Group Inc. said it intends to file for Chapter 11 bankruptcy before the end of the year if it cannot reach an agreement with debt holders.

• Ambac May File For Bankruptcy By Year End

  By Chad Hemenway, PropertyCasualty360.com  |  November 2, 2010

  Ambac Financial Group Inc. said it intends to file for Chapter 11 bankruptcy before the end of the year if it cannot reach an agreement with debt holders.

• Wis. Files Ambac Rehab Plan

  By Mark E. Ruquet, PropertyCasualty360.com  |  October 11, 2010

  Ambac claimants will receive cash and notes if a state court approves the Wisconsin Office of the Commissioner of Insurance's rehabilitation plan released Friday for the carrier's segregated account.

• Ambac Sues Bank Of America Over Countrywide Loans

  By Mark E. Ruquet, PropertyCasualty360.com  |  September 30, 2010

  Ambac has sued Bank of America over the lending practices of Countrywide, the mortgage lending business the bank bought, saying the lender failed to follow its own standards when making loans.

• Future Of FGIC In Grave Doubt

  By Mark E. Ruquet, PropertyCasualty360.com  |  August 12, 2010

  The future of Financial Guaranty Insurance Co. is in grave doubt after the company reported a second quarter net loss of $16 million as its exposure to the securitization of collateralized debt obligations takes a toll.

• Ambac & MBIA Improve Earnings

  By Mark E. Ruquet, PropertyCasualty360.com  |  August 11, 2010

  Two major guarantee insurers reported improved second-quarter results as they continued to work their way out of losses suffered from the economic meltdown.