Municipal bond insurers add an extra layer of protection, but those agencies have declined in number from seven to three since 2008. (investopedia.com)
The utility's bond insurers also agreed to buy $ 128 million in new bonds that will help the utility keep operating. (nytimes.com)
So far, the municipal bond market has seen only a modest reaction to the recent negative credit watch being placed on the ratings of several bond insurers. (indexologyblog.com)