MBIA Inc

MBIA Inc. provides financial guarantee insurance services to public finance markets. 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 and territories as well as utilities 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 utilities and privately issued bonds used for the financing of projects that include toll roads bridges airports 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.