Insurance
Latest Posts
MGIC: Q4 Paid Losses Pegged at $1.3 Billion
Jan 22, 2008MGIC released a market update late Tuesday warning that mortgages it insures are seeing a significant increase in defaults, while cure rates are touching historic lows. From the press statement: Cure rates have continued to deteriorate, resulting in a higher percentage of delinquent loans that become claims, and average claim size has also continued to increase.
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Ambac Ditches Plan to Raise Capital
Jan 18, 2008 -
Ambac: Uh, We Might Need to Rethink Things
Jan 17, 2008 -
Ambac Follows MBIA: Will Raise Capital, Slashes Dividend in Bid to Maintain Ratings
Jan 16, 2008 -
First American Warns on Q4 Losses; Will Spin Off Title Insurance Business
Jan 15, 2008 -
Missouri Hits Two Title Insurers with Fines, Alleges Lack of Agency Oversight
Jan 03, 2008 -
Defaults on Insured Mortgages Reach Record
Dec 31, 2007 -
ACA Capital Enters Agreement with Regulator, Averts Delinquency Proceedings
Dec 27, 2007