Business Description
MBIA Inc. is a financial guarantee insurance company based in Purchase, New York, that primarily serves public finance markets across the United States and internationally. The company backs municipal bonds issued by local governments, utilities, airports, hospitals, universities, and housing agencies, helping these organizations secure financing on favorable terms. MBIA also provides insurance on infrastructure projects such as toll roads and bridges, as well as asset-backed securities tied to mortgages and consumer loans. Founded in 1973, the company operates through two main business segments covering domestic public finance and international structured finance.
