PREPA litigation enters discovery phase as settlement offer faces bondholder rejection.

MBIA (NYSE:MBI) reported a narrower second-quarter net loss as lower expenses tied to its Puerto Rico Electric Power Authority, or PREPA, exposure and favorable foreign-exchange movements helped results. Management said its principal priority remains resolving National Public Finance Guarantee Corp.

MBIA Inc (MBI) reports improved Q2 2026 results with reduced net losses and stronger statutory capital, while navigating ongoing PREPA settlement challenges and portfolio runoff.

Moby summary of MBIA Inc.'s Q2 2026 earnings call

MBIA (MBI) delivered earnings and revenue surprises of -180.00% and +35.00%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Radian (RDN) delivered earnings and revenue surprises of -17.39% and +2.30%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Prudential (PRU) delivered earnings and revenue surprises of +17.58% and +0.02%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

MBIA (NYSE:MBI) reported a narrower first-quarter GAAP net loss, as management said favorable foreign exchange movements, lower reserve impacts and the absence of certain prior-year investment losses helped offset other items. The company posted a consolidated GAAP net loss of $40 million, or $0.80

Despite a reduced net loss and improved leverage ratio, MBIA Inc (MBI) faces ongoing challenges with unresolved PREPA exposure and declining book value.