MBIA INC
			Symbol			MBI

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

National Public Finance Guarantee Corporation Reaffirms the Status of FGIC Reinsured Policies

2009-11-25 13:11 ET - News Release

Company Website: http://www.nationalpfg.com
ARMONK, N.Y. -- (Business Wire)

National Public Finance Guarantee Corporation (National), an indirect subsidiary of MBIA Inc. (NYSE: MBI), today confirmed that the announcement by Financial Guaranty Insurance Co (FGIC) that the New York State Insurance Department (NYSID) has ordered FGIC to suspend paying claims as of Tuesday, November 24, 2009, because it is in violation of the state's minimum capital requirements, will not affect the status of National’s coverage of the FGIC public finance policies reinsured by National. National’s coverage of the FGIC policies covered under the reinsurance agreement will remain in effect with any claims payable directly by National.

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.