NEW YORK--(BUSINESS WIRE)--KBRA assigns a preliminary rating of "BBB” with Stable Outlook to surplus notes (“Notes”) to be issued by Clear Blue Specialty Insurance Company (CBSIC) (KBRA Insurance ...
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating of “bbb+” (Good) to the $300 million, 7% surplus notes, due October 2064, issued by Farmers Insurance Exchange ...
NEW YORK (Reuters) - Mounting concerns that MBIA Insurance Corp lacks enough capital to cover subprime bonds it insures have pushed $1 billion of surplus notes recently issued by the company down ...
NEW YORK, Jan 17 (Reuters) - MBIA Insurance Corp's recently issued $1 billion of surplus notes plunged on Thursday to about 80 cents on the dollar, down from 90 cents on Wednesday, according to an ...