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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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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
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 10, 2012
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Ambac Financial Group, Inc. Announces First Quarter 2012 Results, Board Approves Exercise of Call Options on Surplus Notes NEW YORK --(BUSINESS WIRE)--May. 10, 2012-- Ambac Financial Group, Inc. (“Ambac”) today announced a first quarter 2012 net profit of $253.3 million , or a net profit of $0.84
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