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Ambac Sold Insurance to Itself on Risky Bonds

By Gavin Magor

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

07:51AM 04/15/10

Ambac May Dodge Delisting as Stock Rises

By Gavin Magor

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

12:30PM 04/14/10

Ambac, at $3.39, Is Still a Penny Stock

By Gavin Magor

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

03:34PM 04/13/10

Ambac Is Unlikely to File for Bankruptcy

By Gavin Magor

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

05:00AM 03/30/10

Ambac Sinks Into Deeper Turmoil: Analysis

By Gavin Magor

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

05:00AM 03/26/10

Ambac Has Agreements for $16.7B in Debt

By Gavin Magor

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

05:00AM 03/26/10

Ambac Is Pushed Closer to Bankruptcy

By Gavin Magor

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

12:13PM 03/25/10

Bond Insurers Seek $10 Billion From Banks

By Gavin Magor

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

05:00AM 03/22/10

AIG, MetLife: Top-Performing Insurance Stocks

By Gavin Magor

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

05:00AM 03/12/10

Washington DC Rescinds 35% Health Insurance Increase

By Gavin Magor

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

02:50PM 03/11/10

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