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Surety bond insurers' representatives said they successfully lobbied to prevent the new health care bill from containing a provision that would have impacted their business.

Surety bond insurers are up in arms over a provision in the House health care reform legislation that waives a bond requirement for most pharmacies that provide durable equipment to Medicare beneficiaries.

New York's new Insurance Superintendent James J. Wrynn announced that medical malpractice, bond insurers and the life settlement industry will be "must" items for his department.

The New York State Insurance Department said it has approved the restructuring of bond insurer Syncora Guarantee Inc., enabling it to proceed with transactions that will transform a nearly $4 billion deficit into a $180 million surplus.

The National Conference of Insurance Legislators (NCOIL) heard proposals at its latest meeting for the establishment of mutual bond insurance companies that would be financed by the federal government.

In a comment letter submitted to the Treasury Department, the bond insurers (also known as "monolines") contended that helping them would also ensure the stability of their customers--including

In a comment letter submitted to the Treasury Dept. Wednesday, the bond insurers, also known as monolines, contended that helping them would also ensure the stability of their customers, including mun

Macquarie Group, the department said, has informed the agency it has entered into a joint sponsorship agreement with Chicago-based Citadel Investment Group, the hedge fund management firm founded by b