MBIA Inc. used National Public Finance Guarantee and MBIA Insurance to "perpetrate a fraud on investors," the COFINA bondholders said.
MBIA Inc. swung to a $2.41 billion loss during the first quarter as the bond insurer faced ongoing deterioration in the credit markets and recorded billions in write-downs. The loss equated to $13.03 ...
U.S. bond insurers may lose their top credit ratings because of diminishing new business and financial inflexibility, Moody's said on Wednesday. The ratings agency put MBIA and Ambac, the two biggest ...
MBIA (NYSE:MBI) reported lower net losses for full-year 2025 compared with 2024, as management pointed to a favorable swing in loss and loss adjustment expense (LAE) tied largely to National Public ...
Shares of bond insurer MBIA soared Monday on news that it has reached a settlement with Bank of America in a long-running dispute over who would be on the hook for faulty mortgage securities issued ...
Bond insurer MBIA Inc.’s chief attorney told a judge Thursday that the process the New York State Insurance Department and MBIA took to split the company was long and public. Not only did the banks ...
Bond insurer MBIA Inc. will pay Morgan Stanley $1.1 billion to settle a two-year-old legal clash over guarantees tied to commercial and residential real estate, according to a person familiar with the ...
MBIA (NYSE: MBI) saw its share price plummet 14.5% this week through Sept. 22, according to data provided by S&P Global Market Intelligence. It closed on Thursday at $9.75 and was trending lower in ...
MBIA Inc. has the potential to release more liquidity, benefiting shareholders, due to the strong capital position of its insurance subsidiary, National. National is considered the "GoodCo" with ample ...
Important factors such as general market conditions and the competitive environment could cause our actual results to differ materially from the projected results referenced in our forward-looking ...
PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) will host a webcast and conference call for investors on Wednesday, November 5 at 8:00 a.m. (ET) to discuss its third quarter 2025 financial ...
MBIA Inc. reported write-downs of $3.5 billion on souring credit derivatives in the fourth quarter Thursday, raising the possibility that the world’s largest bond insurer could lose its top credit ...