Special Report
Market Turmoil Hits Munis
Here, youll find ongoing coverage about how fallout from deterioration in the subprime mortgage sector continues to affect the municipal market including bond insurers, underwriters, issuers and stalled deals.
Bond Insurers
Return of Triple-A Insurers Unlikely
Treasury Exposure A Huge Roadblock
By Taylor Riggs | Aug 11The municipal bond insurance world will not be directly affected by the U.S. Treasury downgrade, according to municipal analysts. However, the likelihood of the bond insurers regaining their AAA status when the U.S. does not hold that title anymore is very slim. [Free]
Radian Closes Deal to Acquire MIAC After Regulator's Nod
By Patrick McGee | Jun 17Radian Asset Assurance Inc. announced the successful acquisition of Municipal and Infrastructure Assurance Corp. on Thursday, following the approval of its regulator, the New York Insurance Department.
Assured Guaranty Gets Ready To Stamp Its Logo on CIFG
By Patrick McGee | Apr 21Assured Guaranty Corp. announced Wednesday it would begin the process that eventually should lead to it directly guaranteeing bond insurance policies originally issued by the now-defunct CIFG Assurance North America.
