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Article: BOND INSURERS: HRF Attracts Another Alumni From ACA.(Underwriters & Dealers)
- Article from:
- The Bond Buyer
- Article date:
- August 25, 2009
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Byline: Dan Seymour
Emory Dawson has joined some of his former ACA Financial Guaranty Corp.cohorts in trying to launch a government-financed and municipality-owned bond insurer.
Dawson, who was most recently head of municipal underwriting at ACA, has joined HRF Associates LLC as a senior vice president, the consulting firm said yesterday.
HRF has proposed a mutually owned bond insurer, capitalized with a $25 billion loan from the federal Troubled Asset Relief Program.
The mutual insurer,Monitor Assurance Corp., would be owned by participating cities and states.
Dawson becomes the fourth member of the team pushing for this ...