Dick Larkin's Palm Beach Post Weekly Column: HOW VALUABLE IS MUNICIPAL BOND INSURANCE

By Dick Larkin
Stoever Glass & Co., Inc

In 1972, AMBAC became the first major company to guarantee payment of municipal bonds with a “AA” rating.  In 1994, MBIA became the first bond insurer with a “AAA” rating on its insured bonds. 

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08/08/2016 | Dick Larkin's Palm Beach Post Weekly Column: HOW VALUABLE IS MUNICIPAL BOND INSURANCE
<br>In 1972, AMBAC became the first major company to guarantee payment of municipal bonds with a “AA” rating. In 1994, MBIA became the first bond insurer with a “AAA” rating on its insured bonds.,/br>
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