NU Online News Service, Oct. 11, 1:47 p.m. EDT
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.
Calling the plan fair and offering the best resolution for policyholders, Wisconsin Insurance Commissioner Sean Dilweg released the details of the proposed plan submitted to Dane County Circuit Court in Wisconsin.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
