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Fitch Ratings has followed Moody's and will change the way it rates municipal bonds. As a result, thousands of munis are expected to receive a bump up in their ratings.
2/23/2009In a move to enhance bondholder protection and write new business, MBIA is separating its municipal bond insurance business from structured finance and other businesses unrelated to public finance.
1/30/2009Assured Guaranty announced that it has closed its agreement with CIFG to reinsure $13 billion of CIFGs public finance portfolio.
11/17/2008Assured Guaranty, one of the last three bond insurers to still carry a AAA rating, announced it has acquired rival Financial Security Assurance, also rated AAA.
11/10/2008MBIA and Ambac retained an investment grade rating of Baa1 despite recent downgrades by Moodys Investors Service.
More results... 1 2 3 4 5 6This report is produced solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. This report is based on information obtained from sources believed to be reliable but no independent verification has been made, nor is its accuracy or completeness guaranteed.