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The Superintendent of Financial Services of the State of New York, in his capacity as the court-appointed
rehabilitator (the “Rehabilitator”) of Financial Guaranty Insurance Company (“FGIC”), determined that the
conditions to the effective date of the First Amended Plan of Rehabilitation for FGIC dated June 4, 2013
(the “Plan”) had been satisfied and that the effective date of the Plan occurred on August 19, 2013. On
the effective date, the Plan became effective and FGIC's Rehabilitation Proceeding terminated.
The Cash Payment Percentage ("CPP") was increased from 57% to 61.11% effective November 8, 2023. The Plan requires each holder of a Policy Claim, whenever arising, to submit to FGIC, among other things, a fully completed and duly executed Proof of Policy Claim Form, in order to properly submit such Policy Claim under the Plan. The Proof of Policy Claim Form is available here. 2023 Annual CPP Revaluation Notice 2022 Annual CPP Revaluation Notice 2021 Annual CPP Revaluation Notice 2020 Annual CPP Revaluation Notice 2019 Annual CPP Revaluation Notice 2018 Annual CPP Revaluation Notice 2017 Annual CPP Revaluation Notice 2016 Annual CPP Revaluation Notice 2015 Annual CPP Revaluation Notice 2014 Annual CPP Revaluation Notice Notice of Effective Date and Initial CPP Plan of Rehabilitation and Exhibits Disclosure Statement and Exhibits Novation Agreement Instructions for Completing Proof of Policy Claim Form Plan Approval Order NYSDFS Guidelines List of Initial Directors and Officers Rehabilitation Court Documents |
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