As previously announced by Assured Guaranty Ltd. (“Assured”) Sean W. McCarthy has agreed to assume the position of President and Chief Operating Officer of Assured Guaranty US Holdings Inc. Assured has exchanged Mr. McCarthy’s deemed investment in 22,306 share units of Financial Security Assurance Holdings Ltd. (“FSA Holdings”) under a FSA Holdings nonqualified deferred compensation [...]

Assured Guaranty Corp. (“Assured” or “the Company”), the financial guaranty subsidiary of Assured Guaranty Ltd. announced its January 2009 U.S. public finance new issue volume today. Assured provided guaranties on 114 U.S. public finance new issue transactions, totaling $2.8 billion of par or 12% of total new issue U.S. public finance volume during January 2009. [...]

CIFG Holding, Ltd., the holding company for CIFG’s financial guaranty subsidiaries, announced today that it, along with its principal shareholders, Banque Populaire Group and Caisse d’Epargne Group, has reached a final settlement with credit default swap counterparties and bondholders holding 98 percent of its gross par outstanding of ABS CDO exposures and certain specified CRE [...]

Assured Guaranty Ltd. (“Assured” or “the Company”) announced that the mandatory waiting period under the United States Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR”) for Assured’s proposed acquisition of Financial Security Assurance Holdings Ltd. (“FSA”) expired at 11:59 p.m. Eastern Time on January 20, 2009 (12:59 a.m. Atlantic Time on January 21, 2009).
In addition to [...]

Assured Guaranty Ltd. issued the following statement from Dominic Frederico, President and Chief Executive Officer of Assured, in response to the announcement by Moody’s Investors Service (“Moody’s”) that it has downgraded the ratings of Assured Guaranty Ltd. and its subsidiaries. Moody’s also announced that its ratings outlook for all of Assured’s ratings is “stable.” The [...]

Assured Guaranty Ltd. (“Assured”) announced that it has reached a definitive agreement with Dexia SA (“Dexia”) to purchase Financial Security Assurance Holdings Ltd. (“FSA”), the parent of financial guaranty insurance company, Financial Security Assurance, Inc. The definitive agreement provides that Assured will be fully protected against exposure to FSA’s Financial Products (“FP”) segment, which [...]

Assured Guaranty Corp., the triple-A rated financial guaranty subsidiary of Assured Guaranty Ltd., announced today that it guaranteed $225 million of subordinate revenue bonds for the Pennsylvania Turnpike Commission.
“Assured was able to provide the Pennsylvania Turnpike Commission with a lower cost of funding and market access through our guaranty,” commented Bill Hogan, Senior Managing Director [...]

Farmers Insurance Group announced it has launched its latest Hispanic advertising campaign titled “Force Field” that includes TV, radio and rich media – all produced by U.S. Hispanic Agency of Record Accentmarketing.
Force Field’ is a visual representation of finding the right fit when it comes to providing individualized insurance coverage that’s right for each person,” [...]

Heartland Financial USA, Inc. based in Dubuque, announced that is has acquired all deposits of The Elizabeth State Bank in Elizabeth, Ill. through its subsidiary Galena State Bank based in Galena, Ill. in a loss-share transaction facilitated by the Federal Deposit Insurance Corporation (FDIC).
“Customers can be assured that their deposits are safe and remain [...]

Heartland Financial USA, Inc. based in Dubuque, announced today that is has acquired all deposits of The Elizabeth State Bank in Elizabeth, Ill. through its subsidiary Galena State Bank based in Galena, Ill. in a loss-share transaction facilitated by the Federal Deposit Insurance Corporation (FDIC).
“Customers can be assured that their deposits are safe and [...]