Local News: Bridgton, ME 

 | 

Sign Up

 | 

Sign In

Advertisment

Ambac Financial Group

Ambac Financial Group News Editors

RoboBlogger

I edit this news page on Topix when no humans are available to help.

People just like you make Ambac Financial Group News on Topix better every day. If you're interested in becoming an editor, apply today!

Edits History | Editor Blog

RSS icon mobile icon

Ambac Financial Group News

News on Ambac Financial Group continually updated from thousands of sources around the net.

Monday | Institutional Investor

Ambac Unveils Securities Advisory Unit

Bond insurer, Ambac Financial Group , has launched a securities advisory unit for regulators and other investors, The Wall Street Journal reports.

Comment?

Related Topix: Insurance

Sat Dec 05, 2009

TheStreet.com

Kingsway Joins Club of Insurance Losers

Embroiled in a dispute with Pennsylvania's insurance regulator, Kingsway Financial Services is in trouble.

Comment?

Related Topix: Kingsway Financial Services, Insurance, Financial Markets, Business News

Fri Dec 04, 2009

TheStreet.com

Ambac Surges on Higher S&P View

Shares of Ambac Financial leapt in early action on Thursday after Standard & Poor's lifted its credit assessment of the bond insurer's main operating unit.

Comment?

Related Topix: Insurance

Thu Dec 03, 2009

MarketWatch

MGIC jumps as regulator eases capital requirement

MGIC Investment Corp. shares rallied more than 18% Thursday after the mortgage insurer's main regulator eased capital requirements, allowing the company to keep selling new policies.

Comment?

Related Topix: Mgic Invt Corp Wis, Insurance, Home, Mortgage, Personal Finance, Radian Group, Pmi Group Inc

Fri Nov 27, 2009

The Motley Fool

Tough Times at the FDIC

Insurance is only as good as the insurer backing it, the old saying goes. Last fall, we learned that the hard way with AIG .

Comment?

Related Topix: Insurance, American International Group, Banking, MBIA, Bank of America, Financial Services, Wells Fargo

Wed Nov 25, 2009

MarketWatch

Financial Stocks: Bond insurers mixed; FGIC suspends claim payments

Bond insurers were mixed during morning action Wednesday after Financial Guaranty Insurance Company, a leading company in the industry, was ordered by regulators to suspend all claim payments.

Comment?

Related Topix: Financial Markets, Insurance

Tue Nov 24, 2009

MarketWatch

Ambac CFO resigns

Ambac Financial said Tuesday that Chief Financial Officer Sean Leonard resigned effective immediately, a possible sign of continuing trouble at the bond insurer.

Comment?

Related Topix: Insurance

Mon Nov 23, 2009

BusinessWeek

The Global Innovation Mig...

In Europe, the indexes closed up at the end of the day's trading, with the DAX leading the advance, up by 2.07%. FTSE 100 Jack Henrie writes: "We have the technology to get these numbers right -- not merely putting spins on not entirely accurate numbers." Hugo van Randwyck writes: "Politicians in Washington are not up to the job of questioning ...

Comment?

Related Topix: Insurance, Smoking, Medicine, Health, Personal Finance, Retirement

Sat Nov 21, 2009

TheStreet.com

Ambac Meets With Wisconsin Regulators

Wisconsin Insurance Commissioner Sean Dilweg traveled to New York to meet with executives from Ambac Financial and the investment bank Jefferies yesterday.

Comment?

Related Topix: Insurance, Investment Banking, Financial Services, Jefferies Group, Investment Services, Law

Fri Nov 20, 2009

TheStreet.com

Ambac Blames Data-Entry Errors for Misstatements

Ambac Financial acknowledged in a regulatory filing that it misstated financial results for its bond-insurance business, an error that enabled the company to meet capital requirements in Wisconsin.

Comment?

Related Topix: Insurance, Business News

Wed Nov 18, 2009

BusinessWeek

Ambac capital exceeds required...

Ambac Financial Group Inc said on Wednesday that the statutory capital of its main unit was well above a regulatory minimum at the end of the third quarter, easing concerns the company would fall short of funds and risk being taken over by state officials.

Comment?

Related Topix: Insurance, Mortgage, Personal Finance

MarketWatch

Financial Stocks: Financial stocks cross finish line with gains

Shares of U.S. financial stocks shook off early session losses Tuesday to close higher as the broader market took a breather from big gains on Monday.

Comment?

Related Topix: Financial Markets, Insurance, MBIA, Banking, Financial Services, Citigroup

Tue Nov 17, 2009

TheStreet.com

Ambac Financial Languishes on Death Row

Ambac Financial Group , unlike other financial companies, isn't in denial about the extent of its troubles -- it's just the opposite.

Comment?

Related Topix: Insurance, MBIA, Business News

Mon Nov 16, 2009

BusinessWeek

Munis: Does AMBAC's Plight Boost Risk?

Although municipal bond insurers have been on life support for almost two years, Ambac Financial Group's revelation in a Nov.

Comment?

Related Topix: Insurance, Financial Services, Economics News, Bankruptcy, Financial Markets, MBIA

Sun Nov 15, 2009

GuruFocus.com

The Story of MBIA, Ambac and AIG

It is one thing the government bails out businesses and tax payers eventually shoulder the burden, one way or another.

Comment?

Related Topix: MBIA, Insurance, Economics News, Bankruptcy

Fri Nov 13, 2009

MarketWatch

Assured Guaranty jumps after keeping Aa ratings

Assured Guaranty shares jumped as much as 25% Friday, rallying after the company's main bond-insurance units kept their Aa ratings from Moody's Investors Service.

Comment?

Related Topix: Insurance, MBIA

Tech Confidential Blog

Tight liquidity threatens Ambac as going concern

Bond insurer Ambac Financial Group Inc. has warned of a prepackaged debt bankruptcy restructuring due to its inability to meet 2011 maturities, but some sources are skeptical that a restructuring will fundamentally improve its prospects as a going concern.

Comment?

Related Topix: Insurance, Economics News, Bankruptcy

Thu Nov 12, 2009

MarketWatch

Financial Stocks: Guarantors weigh on sector, broader market

Financial stocks fell on Tuesday , dragging the broader market lower after financial guarantor Ambac said it may have trouble paying off debt due in 2011 and might need to file a prepackaged bankruptcy, while rival MBIA said the recession is still weighing down its business.

Comment?

Related Topix: Insurance, MBIA, Economics News, Bankruptcy, Housing, Radian Group, Pmi Group Inc

MarketWatch

10 years after Glass Steagall's repeal, financials remain guarded

As the 10th anniversary of the Gramm-Leach-Bliley Act approaches, one U.S. stock market strategist says the latest attempts to reform the financial industry could also have unforeseen results, curbing enthusiasm for the sector.

Comment?

Related Topix: US Politics, US News, 2008 Presidential Election, Christopher Dodd, US House of Representatives, Barney Frank, Democrat, Financial Markets, Insurance, MBIA

Wed Nov 11, 2009

Bloomberg

Ambac, MBIA Tumble as Housing-Related Losses May Overwhelm Bond Insurers

Ambac Financial Group Inc. and MBIA Inc. , the two largest bond insurers, tumbled on concerns they wona t survive the U.S. housing rout without government intervention or the companies filing for bankruptcy protection.

Comment?

Related Topix: MBIA, Insurance, Economics News, Bankruptcy, Financial Markets, US News

Bridgton Jobs

Also on Topix