MBIA reports a **$24 million GAAP net loss in Q3 2026**, driven by financial pressures linked to the Puerto Rico Electric Power Authority (PREPA). The insurer’s results reflect ongoing challenges in its municipal bond insurance segment, where PREPA-related exposures have strained profitability. Analysts highlight the need for operational adjustments as MBIA navigates regulatory and market headwinds.

Nov 2026Kalkine MediaNews article

COFINA bondholders have filed a lawsuit against MBIA Inc., accusing the company of fraud involving its use of National Public Finance Guarantee and MBIA Insurance. The bondholders claim these financial instruments were misused to deceive investors.

Mar 2026The Bond BuyerNews article

Moody’s Investors Service downgrades **MBIA Corp.** credit rating to **Caa3**, reflecting heightened credit risk. The agency also shifts its **National outlook** for the company to **negative**, signaling potential further downgrades. The move follows concerns over MBIA’s financial stability and market positioning.

Oct 2025Investing.comNews article

MBIA Inc. facilitates a $374 million sale of custodial receipts by its subsidiary, National Public Finance Guarantee Corporation. The transaction supports National’s role in issuing financial guarantees for US public finance markets. MBIA Inc. also operates through MBIA Corp., offering guarantees for international and structured finance obligations.

Aug 2025AInvestNews article