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Ambac sold itself insurance on residential mortgage-back securities, piling on risk.

Ambac's chance of avoiding a delisting rose after the stock price jumped.

Ambac, at $3.39, Is Still a Penny Stock

04/13/10 - 03:34 PM EDT

Ambac investors are converging on the stock, apparently unaware of the risks.

Ambac looks like it's heading toward bankruptcy, but there are many reasons why it won't.

A state insurance regulator takes control of Ambac, leaving bondholders and stockholders up in the air.

Ambac Has Agreements for $16.7B in Debt

03/26/10 - 05:00 AM EDT

Ambac says it's forged provisional agreements as a state insurance regulator takes control of the company's operations.

Ambac Is Pushed Closer to Bankruptcy

03/25/10 - 12:13 PM EDT

Ambac buckled under pressure to accept an agreement to put about $35 billion of assets into a separate account overseen by a regulator.

Bank of America, Citigroup and other banks face claims of fraud and misrepresentation from insurers over mortgage-backed securities.

AIG, MetLife and Conseco are some of the best-performing insurance stocks in the past month.

Washington DC insurance regulator, citing errors, rescinds a previously approved price rise for a health insurer.

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