Fitch Ratings yesterday downgraded Financial Guaranty Insurance Co. to BBB from AA, citing limited liquidity as a result of the bond insurer's exposure to the subprime market. The outlook is negative.

NEW YORK, May 25, 2025--(BUSINESS WIRE)--Financial Guaranty Insurance Company ("FGIC") announces today that it has terminated the Transaction Support Agreement dated as of February 29, 2024 (the "TSA" ...

Before Financial Guaranty Insurance Co. agreed to have MBIA Inc. reinsure $184 billion of its public finance portfolio, it initially selected Assured Guaranty Ltd. as the winner of its auction to take ...

NEW ORLEANS (CN) - The owner of the Louisiana Superdome paid Financial Guaranty Insurance Co. $13 million to insure $238.5 million in auction-rate bonds, an expense which is "essential(ly) worthless" ...

FGIC is a New York stock insurance corporation and a wholly owned subsidiary of FGIC Corporation. FGIC emerged from rehabilitation on August 19, 2013, and is responsible for administering its ...

NEW YORK--(BUSINESS WIRE)--Financial Guaranty Insurance Company (“FGIC”) announced it has extended the deadline for beneficial owners of certain FGIC-insured instruments and units (“Owners”) to join ...

Moody's Investors Service cut FGIC Corp.'s key bond insurer ratings but indicated it might be more lenient with MBIA Inc. and Ambac Financial Group Inc., saying they "are better positioned from a ...

Bond guarantor Financial Guaranty Insurance Company saw its insurance financial strength rating dropped from Aaa to A3, Moody’s Investor’s Service said late Thursday. The downgrade comes on the heels ...