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By Mark E. Ruquet, PropertyCasualty360.com |
May 24, 2012
Wisconsin’s commissioner of insurance amended his decision from last week and will now allow Ambac to purchase just two of three bank notes.
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By Mark E. Ruquet, PropertyCasualty360.com |
September 23, 2011
Ambac Financial Group, Inc. says it has reached an agreement with Wisconsin regulators over outstanding tax and expense-related issues surrounding subsidiary Ambac Assurance Corp.
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By Mark E. Ruquet, PropertyCasualty360.com |
July 15, 2011
Ambac says it hopes it can reach an agreement with Wisconsin’s insurance commissioner that will allow the company to file its bankruptcy reorganization plan.
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By Mark E. Ruquet, PropertyCasualty360.com |
July 7, 2011
The Wisconsin insurance commissioner says Ambac Financial Group’s plan for reorganization is not in the best interest of policyholders and says he intends to contest it.
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By Phil Gusman, PropertyCasualty360.com |
November 11, 2010
A policyholder group is criticizing the Wisconsin Office of the Commissioner of Insurance for not protecting Ambac Assurance Corporation policyholders after
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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.
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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.
