The U.S. public finance insurance segment recorded $14 million of pre-tax income in the second quarter of 2013 compared with $148 million of pre-tax income in the second quarter of 2012.Total premiums earned in the U.S. public finance insurance segment were $102 million in the second quarter of 2013, down 22 percent from $130 million of total premiums earned in the second quarter of 2012, primarily reflecting a decrease in refunded premiums earned.
MBIA Inc. Reports Second Quarter 2013 Financial Results
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.