| Category: | Insurance agency, |
|---|---|
| Address: | 125 S Webster St, Madison, WI 53703, USA |
| Postal code: | 53703 |
| Phone: | (800) 236-8517 |
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Current, reliable information about the rehabilitation process of Ambac Assurance Corp. "These Amendments are consistent with my goal of ensuring that policyholders in the Segregated Account...
For Ambac Employees. Plan of Rehabilitation Overview. Key Documents.
Ambac Assurance Corporation's Brief in Response to Objections to the Rehabilitator's Motion to Further Amend the Plan of Rehabilitation. Statement of Certain Policyholders Concerning Disclosure.
Policyholders began questioning Thursday whether a regulatory solution to $52 billion in troubled insurance underwritten by the insurance unit of Ambac Financial Group Inc. would treat all...
To maintain parity among policyholders, the Rehabilitator also intends to effectuate a Deferred Payment to provide that policyholders that have received Ambac To Reopen New York City Office.
Several firms that own or manage some USD1 billion of Ambac Assurance assets have gone to court to delay a proposed settlement to resolve the bond insurer's financial problems that they say gives...
Mr. Dilweg says his plan treats all 15,000 Ambac policyholders fairly. He argued that the $4.6 billion deal with the foreign banks to unwind the credit default swaps benefited all of Ambac's policyholders.
SAN FRANCISCO (MarketWatch) — Angry policyholders of Ambac Financial Group's troubled bond insurance unit may get more cash than they expected from a rehabilitation of the business.
Ambac Assurance policyholders are concerned that they could lose billions of dollars in Ambac Financial Group's a bankruptcy restructuring plan favored by Wisconsin regulators.
The payments will "maximize the cash reimbursements" and benefit all policyholders, Ambac said today in a Ambac in 2011 had court approval to pay claimants 25 percent of their losses in cash.