Dinallo races to bolster bond insurers
Efforts to bail out bond insurers may be too late to prevent a ratings downgrade, a research firm says.
The New York insurance superintendent’s plan to bail out bond insurers may be too late to prevent a ratings downgrade, according to Bloomberg.
Eric Dinallo, New York’s insurance regulator, plans to pool $15 billion in capital from banks and securities firms to help the insurers, accordi
Learn more about reprints and licensing for this article.