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Shares in Ambac Financial , the troubled bond insurer, surged after it agreed to pay Citigroup $850m in exchange for wiping out a guarantee Ambac had
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Bond insurers Ambac and MBIA led financial gainers early Friday after Ambac reached a settlement for its toxic debt, but the broader financial market
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Hartford Financial Services Group is joining a growing list of insurance companies to unveil plans they say are solutions to the coastal homeowners i
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A.M. Best Co. has assigned a debt rating of “bb+” to the $200 million Series 2008-1 Class A principal-at-risk variable rate notes (the notes) due Aug
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A Connecticut lawsuit alleges that three credit rating agencies consistently assigned municipalities lower ratings than corporations that were far mo
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Palisades Group said it completed the acquisition of National Atlantic Holdings Corp., including its subsidiary, Proformance Insurance Co.
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A.M. Best Co. has released the 2008 editions of Best’s Insurance Reports – Life/Health and Property/Casualty – United States & Canada. This standard-
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The 20th annual Awards for Publication Excellence (APEX) competition honored A.M. Best’s news publications with six Awards of Excellence. Recognition
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