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Best’s News & Research Service subscription required - December 04, 2009 02:55 PM (EST)

N.Y. Orders Financial Guaranty Insurance Co. to Stop Paying Claims Following Impaired Surplus

New York insurance regulators have ordered Financial Guaranty Insurance Co. to stop paying all claims after the bond insurer reported a surplus to policyholders deficit of $865.8 million and an . . .

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Guaranty Funds Mortgage-Backed Securities Financial Guarantee Insurance Stock Insurers New York Bonds (Securities) Financial Services State Regulation Issue Credit Rating


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