ACA.com – ACA Financial Guaranty and Insurance Company
With a portfolio of more than 300 obligors guarantying payment in a timely manner of both principal and interest, ACA.com handles nearly $6 billion in high yield municipal bonds. ACA Financial Guaranty Corporation is licensed in 5 territories and 50 states. They are a monocline bond insurance company based in New York, NY and regulated by the Maryland Insurance Administration. After restructuring in August 2008, ACA is currently operating as a runoff insurance company. Their current focus is on actively managing their remaining insured municipal obligations.
For customers and other interested parties, details about ACA?s restructuring can be found in the Q&A portion of ACA.com. The gist of the restructuring was that ACA found themselves potentially obligated to pay out insurance claims far beyond their actual abilities for claim payment. This situation was largely due in part to the unprecedented drop of the sub-prime mortgage market. ACA worked with their insured credit swap counterparties as well as the MIA (Maryland Insurance Administration) in order to resolve this problem. The restructuring agreement in August 2008 was the solution they came up with and it was approved by the MIA.
As the ACA Financial Guaranty Corporation is now operating as a run-off company, they are not currently issuing any new insurance policies without first receiving prior written consent from the Maryland Insurance Administration. ACA continues to oversee its remaining portfolio of approximately $7 billion ,and it continues to guarantee timely payment of both interest and principal for their remaining portfolio.
The ACA.com website provides current portfolio information as well as specific financial information for both customers of the ACA Financial Guaranty Corporation and the general public. 
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