MBIA News
Bond Insurer MBIA Hit By Data Breach; Wide Net of Damage Likely
Bond insurer MBIA was told two weeks ago about a server breach that compromised the data of thousands of local U.S. government entities, but it did not address the problem until earlier this week, ...
MBIA Lures Barclays Exec to Lead Muni-Bond Insurance Arm
MBIA Inc. hired Tom Weyl from Barclays Plc to head efforts to win business at its municipal- bond insurance unit. Weyl will start by year-end as managing director and head of new business development ...
Puerto Rico, Detroit Investors Buoyed by Bond Insurers’ Rebound
Buyers of debt issued by bankrupt Detroit or junk-rated Puerto Rico are finding it pays to have bond insurance. The backing is even more valuable after upgrades of units of Assured Guaranty Ltd. and ...Detroit Default, Restructuring Plan Break New Ground: Moody’s
Detroit's default and debt restructuring plan are precedent-setting in the U.S. municipal market, Moody's Investors Service said on Monday, because the city is looking to bondholders, as well as ...