Mbia INC 8-K filings

MBIA Inc. announced its first quarter 2026 financial results, reporting a reduced GAAP net loss of $40 million compared to $62 million in Q1 2025, driven by favorable foreign exchange and investment gains.

MBIA Inc. announced a significantly reduced GAAP net loss and a shift to positive Adjusted Net Income for 2025, primarily driven by favorable loss adjustments related to its PREPA exposure.

MBIA Inc. announced a significant reduction in its third-quarter GAAP net loss and a swing to adjusted net income, primarily driven by a benefit related to Puerto Rico Electric Power Authority (PREPA) exposure.

MBIA's National subsidiary sold approximately $374 million in PREPA bankruptcy claims, significantly reducing its exposure and associated volatility.

MBIA Inc. reported a significantly reduced consolidated GAAP net loss and Adjusted Net Loss for the second quarter of 2025, primarily driven by lower losses at its insurance subsidiaries.

MBIA Inc. announced a consolidated GAAP net loss of $62 million for the first quarter of 2025, an improvement compared to the $86 million loss in the same period of 2024.

MBIA Inc. reported a consolidated GAAP net loss of $447 million for 2024, an improvement compared to the $491 million loss in 2023.

MBIA Inc. approved one-time cash retention awards totaling $10.175 million for four named executive officers to ensure continuity and stability during a critical period of portfolio runoff and remediation.

MBIA Inc. announced a smaller net loss for the third quarter of 2024 compared to the same period last year, primarily due to reduced losses related to Puerto Rico Electric Power Authority (PREPA) and Variable Interest Entities (VIEs).

MBIA Inc. reported a substantial net loss for the second quarter of 2024, primarily driven by increased losses related to Puerto Rico Electric Power Authority (PREPA) and declines in the value of Zohar CDO recoveries.

MBIA Inc. reported a reduced net loss for the first quarter of 2024 compared to the same period last year, driven by favorable variances in discontinued operations and mark-to-market adjustments.

MBIA Inc. held its annual shareholder meeting on May 2, 2024, where shareholders voted on the election of directors, executive compensation, the appointment of an accounting firm, and an incentive plan.

MBIA Inc. has appointed Shengying Yu as Controller and principal accounting officer, effective May 2, 2024, succeeding Joseph Schachinger in that role.

MBIA Inc. has announced the departure of its CFO, Anthony McKiernan, effective April 30, 2024, and the appointment of Joseph Schachinger as his successor.

MBIA Inc. reported a significant net loss for 2023, driven by reduced revenues and adverse losses, while also distributing an extraordinary dividend to shareholders and focusing on resolving its Puerto Rico exposure.

MBIA Inc. has released IRS Form 8937, detailing the tax implications of its recent $8.00 per share special dividend, which is expected to be treated as a tax-free return of capital up to an investor's cost basis.