Yesterday's story about a New York State Insurance Department letter that clarified the policy for termination of bond insurance should have said that both Ambac Assurance Corp. and MBIA Insurance Corp. have small exposures to unearned premiums for policies in which the issuer pays on an annual or periodic basis.


Friday's story about Fitch Ratings assigning a negative outlook to Cape Coral, Fla., should have said that the negative outlook does not apply to a combined total of $122.6 million of outstanding general obligation and capital improvement revenue bonds.

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