Sep. 29 at 6:14 PM
$AMBC $EIG $ACT $RDN $NMIH
The Final Decision has been made and the OCI State of Wisconsin Ruled in FAVOR of Ambac!!
Ambac Assurance Corporation, 2 E Mifflin Street, Suite 600, Madison, Wisconsin
53703, is a Wisconsin domestic stock insurance corporation.
The petitioners filed with OCI an application for approval of the acquisition of
Ambac Assurance Corporation.
The petitioners fulfilled the filing requirements of Wis. Admin. Code § Ins 40.02.
The plan will not violate the law or be contrary to the interests of the insureds of
Ambac Assurance Corporation.
After the acquisition of control, the domestic insurer will be able to satisfy the
requirements for the issuance of a license to write the lines of insurance for which it is presently
licensed.
