Company Description
MBIA Inc., together with its subsidiaries, provides financial guarantee insurance services to public finance markets in the United States.
It operates through United States (U.S.) Public Finance Insurance, corporate, 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 | 57 |
| 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 |
| Stock Type | Common Stock |
| 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 |
| Joseph Ralph Schachinger Sr. | Executive Vice President, Chief Financial Officer and Treasurer |
| 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 |
| Shengying Yu | Assistant Vice President, Controller and Principal Accounting Officer |
| Gregory R. Diamond | MD and Head of Investor and Media Relations |
| William John Rizzo | Co-General Counsel and Secretary |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 24, 2025 | ARS | Filing |
| Mar 24, 2025 | DEF 14A | Other definitive proxy statements |
| Feb 27, 2025 | 10-K | Annual Report |
| Feb 27, 2025 | 8-K | Current Report |
| Feb 14, 2025 | SCHEDULE 13G | Filing |
| Feb 13, 2025 | 8-K | Current Report |
| 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 |