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Nov 14, 2012
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Ambac Financial Group, Inc. Announces Third Quarter 2012 Results NEW YORK --(BUSINESS WIRE)--Nov. 14, 2012-- Ambac Financial Group, Inc. (“Ambac”) today announced a third quarter 2012 net profit of $157.5 million , or a net profit of $0.52 per share. This compares to a third quarter 2011 net loss
Oct 30, 2012
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Ambac Relocates Headquarters to Disaster Recovery Site KINGSTON, N.Y. --(BUSINESS WIRE)--Oct. 30, 2012-- Ambac Financial Group, Inc. and Ambac Assurance Corporation , (the “Companies”), in response to the effects of Hurricane Sandy, have indefinitely closed their headquarters at One State Street
Aug 09, 2012
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Ambac Financial Group, Inc. Announces Second Quarter 2012 ResultsAmbac Financial Group, Inc. Announces Second Quarter 2012 Results NEW YORK --(BUSINESS WIRE)--Aug. 9, 2012-- Ambac Financial Group, Inc. (“Ambac”) today announced a second quarter 2012 net loss of $811.1 million , or a net loss of
Aug 02, 2012
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Rehabilitator Files Rules Governing Processing of Interim Cash Payments on Segregated Account Policy Claims NEW YORK --(BUSINESS WIRE)--Aug. 2, 2012-- Ambac Assurance Corporation (“Ambac Assurance”) today announced that, the Wisconsin Commissioner of Insurance, acting as the Rehabilitator of the
Jun 14, 2012
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Rehabilitation Court Approves IRS Offer NEW YORK --(BUSINESS WIRE)--Jun. 14, 2012-- Ambac Assurance Corporation (“Ambac Assurance”) today announced that, following a hearing held on June 13, 2012 , the Circuit Court for Dane County , Wisconsin (the “Rehabilitation Court”) approved a motion
Jun 12, 2012
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Ambac Exercises Surplus Note Call Options NEW YORK, June 12, 2012 -- Ambac Assurance Corporation (“Ambac Assurance”) today announced that it issued exercise notices relating to a call option on approximately $289 million of surplus notes. On June 5, 2012, Ambac Assurance issued exercise notices
Jun 05, 2012
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Rehabilitation Court Approves Insurance Commissioner’s Motions Relating to Interim Partial Claim Payments and Ambac’s Exercise of Surplus Note Call Options NEW YORK --(BUSINESS WIRE)--Jun. 5, 2012-- Ambac Assurance Corporation (“Ambac Assurance”) today announced that, following a hearing held on
May 23, 2012
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Wisconsin Insurance Commissioner Files Amended Motion Relating to Exercise of Surplus Note Call Options NEW YORK, May 23, 2012 -- Ambac Assurance Corporation (“Ambac Assurance”) today announced that the Wisconsin Commissioner of Insurance, acting in his capacity as the Rehabilitator of the
May 16, 2012
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Insurance Commissioner Disapproves Interest Payment on Surplus Notes NEW YORK, May 16, 2012 -- Ambac Assurance Corporation (“Ambac Assurance”) today announced that the Commissioner of Insurance of the State of Wisconsin has disapproved the requests of Ambac Assurance and the Special Deputy
May 16, 2012
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Wisconsin Insurance Commissioner Approves Ambac’s Exercise of Surplus Note Call Options; Seeks Rehabilitation Court Approval for Call Exercise, Interim Partial Claim Payments, and IRS Settlement Offer NEW YORK, May 16, 2012 -- Ambac Assurance Corporation (“Ambac Assurance”) today announced that it
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