AMBC Articles, Ambac Financial Group Inc.
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Xchange Benefits LLC, a managing general underwriter owned by Ambac Financial Group, Inc. (NYSE: AMBC), today announced it has signed a program manager agreement with Markel Service, Incorporated. Under the agreement, Xchange will underwrite medical stop loss coverage on behalf of an in...
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Significant Progress in Strategic Initiatives Net income of $2 million and adjusted earnings of $14 million, including the impact of previously announced developments related to RMBS litigation and Puerto Rico Specialty P&C insurance production totaled $69 million,...
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Xchange Benefits, LLC, a property and casualty managing general underwriter specializing in accident and health insurance, announced that it has purchased the renewal rights of Employer Benefit Underwriters, Inc.’s employer stop loss portfolio, effective immediately. Founded in 1...