Insurers Rise Over Possible Government Aid

January 28, 2009 2:04 PM |
Shares of insurers MGIC Investment Corp. (NYSE: MTG) leaped $1.06 to close at $3.32, MBIA Inc. (NYSE: MBI) soared 97 cents to close at $4.49 and Ambac Financial Group Inc.(NYSE: ABK) surged 25 cents to close at $1.29 over anticipation that the government will take on bad assets from financial institutions.

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