Infrastructure Bond Assurance Corp. has advertised its formation as a new financial guaranty insurance company in the pages of the New York Times, making it at least the second company to do so in the last three weeks.

Many of the people listed in the legal notice are current employees of FGIC Corp., the parent company for bond insurer Financial Guaranty Insurance Co., which was the third-largest bond insurer before the credit crisis hit. This year, FGIC has written two deals for total volume of $250.2 million, according to Thomson Reuters.

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