Wisconsin Court Confirms the Plan to Rehabilitate the Segregated Account of Ambac Assurance Corp.
The Wisconsin Office of the Commissioner of Insurance (OCI) today obtained confirmation of its Plan of Rehabilitation for the Segregated Account of Ambac Assurance Corporation (”Segregated Account”) in Dane County Circuit Court in Wisconsin.
“We look forward to implementing the Plan for the benefit of all policyholders,” said Commissioner Ted Nickel.
The Plan maximizes claims-paying [...]