CHICAGO — A New York State court judge has ordered Assured Guaranty Corp. to honor coverage of $83.3 million of Iowa’s Xenia Rural Water District bonds as part of its 2009 reinsurance agreement with CIFG Assurance North America Inc.

New York County Supreme Court Judge Barbara Kapnick issued a summary judgment dated Tuesday on the claims CIFG asserted in its breach of contract lawsuit against Assured and counterclaims over whether the CIFG policy covering the 2006 bonds qualified for inclusion in the reinsurance agreement.

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