MBIA Says It Will Resume Doing Business in Oklahoma

Chang, Helen; Watts, Jim
January 2005
Bond Buyer;1/10/2005, Vol. 351 Issue 32046, p1
Trade Publication
The article reports that MBIA Insurance Corp. has decided that it would again bid to insure state and local bond issues in Oklahoma. Troubled jail revenue bonds, issued by the Grady County Industrial Authority in 1999, led MBIA in July 2004 to cease insuring any new state and local issues. The company said that its decision to return to the state has been made in good faith.


Related Articles

  • Structured Finance Profitability Falls 26%. Chang, Helen // Bond Buyer;10/19/2004, Vol. 350 Issue 31992, p6 

    Reports on the decline of profitability for bond insurers in the U.S. structured finance. Activity of credit enhancers; Competition among insurers.

  • Untitled.  // Bond Buyer;10/16/2006, Vol. 358 Issue 32487, p37 

    The article presents several charts related to bond market in the U. S. One chart shows the top bond counsel for the first nine months of 2006, in which Orrick Herrington & Sutcliffe LLP ranked first having a total dollar amount of $22, 509.8, followed by Sidley Austin LLP with $13, 095.3. Ambac...

  • Ambac Shares Drop 17% After Disappointing Earnings Report. Daulerio, A. J. // Bond Buyer;4/21/2005, Vol. 352 Issue 32116, p6 

    Reports that Ambac Financial Group Inc. has plunged a disappointing earning report on credit enhancement production of bond insurer Ambac Assurance Corp. Definition of credit enhancement production as gross up-front premiums with the present value of estimated installment premiums on insurance...

  • AFGI and Its Members Look for Ways to Tap European Market. Chang, Helen // Bond Buyer;12/7/2004, Vol. 350 Issue 32024, p6 

    The article reports that the members of the Association of Financial Guaranty Insurers assembled with European institutional investors in London, England as part of an industry campaign to make headway in the European market. Unlike the U.S. municipal market--in which about 50% of municipal...

  • MBIA's New Insurer Gets Some Bites. Herman, Jack // Bond Buyer;3/4/2009, Vol. 367 Issue 33074, p1 

    The article reports that MBIA Insurance Corp. of Illinois, to be renamed National Public Finance Guaranty Corp. by MBIA Inc., has received five requests to provide bond insurance in both the primary and secondary market. The public finance company is considering two after turning down three...

  • MBIA Chief: Default Doubtful.  // American Banker;3/11/2008, Vol. 173 Issue 48, p11 

    The article explains bond insurer MBIA Inc. is unlikely to default. In February 2008, MBIA raised $2.6 billion, stopped its dividend and suspended its insurance business. The moves are helping the company ride out losses on sub-prime mortgages, but appear not to have calmed investors still...

  • MBIA Still Number One. D'Ambrosio, Jill // Bond Buyer;7/18/2005, Vol. 353 Issue 32176, p1 

    Reports on the success of MBIA Insurance Corp. to stay on the top position of municipal bond insurer in the U.S. Total principal amount incurred by the company for the first half of 2005; Percentage of market share gathered for its credit enhancement; Influence of deals made on the current state...

  • MBIA Earns Top Spot in Revamped Insurer Rankings; FSA Takes 2d. Walker, Susanne // Bond Buyer;10/18/2004, Vol. 350 Issue 31991, p1 

    Reports that MBIA Insurance Corp. ranked number one among bond insurers in the United States in the first nine months of 2004, according to Thomson Financial Inc. Long-term bonds insured by MBIA; Changes in Thomson's method of ranking insurers; Volume sold by Financial Security Assurance.

  • AFGI Urges Puerto Rico To Close Gap. Cataldo, Adam L. // Bond Buyer;5/3/2006, Vol. 356 Issue 32373, p1 

    The article reports on the warning given by the Association of Financial Guaranty Insurers (AFGI) that Puerto is in danger of losing access to bond insurance and affordable market access if its credit falls to junk status. AFGI urged the government to take immediate legislative action to close...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics