Company Description
MBIA Inc. provides financial guarantee insurance services to public finance markets in the United States.
It operates United States (U.S.) Public Finance Insurance, and International and Structured Finance Insurance segments.
The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of the U.S. political subdivisions, as well as utility districts, airports, health care institutions, higher educational facilities, housing authorities, and other similar agencies and obligations issued by private entities.
It also insures the non-U.S. public finance and global structured finance, including asset-backed obligations; and sovereign-related and sub-sovereign bonds, and privately issued bonds used for the financing for utilities, toll roads, bridges, public transportation facilities, and other types of infrastructure projects, as well as offers third-party reinsurance services.
MBIA Inc. was founded in 1973 and is headquartered in Purchase, New York.
| Country | United States |
| Founded | 1973 |
| IPO Date | Jul 1, 1987 |
| Industry | Insurance - Specialty |
| Sector | Financials |
| Employees | 61 |
| CEO | William Fallon |
Contact Details
Address: 1 Manhattanville Road, Suite 301 Purchase, New York 10577 United States | |
| Phone | 914 273 4545 |
| Website | mbia.com |
Stock Details
| Ticker Symbol | MBI |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000814585 |
| CUSIP Number | 55262C100 |
| ISIN Number | US55262C1009 |
| Employer ID | 06-1185706 |
| SIC Code | 6351 |
Key Executives
| Name | Position |
|---|---|
| William Charles Fallon | Chief Executive Officer and Director |
| Daniel Michael Avitabile | Assistant Vice President and MBIA Insurance's President and Chief Risk Officer |
| Adam Thomas Bergonzi | Assistant Vice President and National's Chief Risk Officer |
| Christopher Harris Young | Assistant Vice President and National's Chief Financial Officer |
| Joseph Ralph Schachinger Sr. | Chief Financial Officer |
| Shengying Yu | Controller and Principal Accounting Officer |
| Gregory R. Diamond | MD and Head of Investor and Media Relations |
| William John Rizzo | Co-General Counsel |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 19, 2024 | 144 | Filing |
| Nov 7, 2024 | 10-Q | Quarterly Report |
| Nov 7, 2024 | 8-K | Current Report |
| Aug 8, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Aug 6, 2024 | 8-K | Current Report |
| Aug 6, 2024 | 10-Q | Quarterly Report |
| Jun 24, 2024 | S-8 | Securities to be offered to employees in employee benefit plans |
| Jun 20, 2024 | 11-K | Annual report of employee stock purchase, savings and similar plans |
| May 15, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| May 9, 2024 | 8-K | Current Report |