Founded in 1997, ACA Financial Guaranty Corporation is a monoline bond insurance company regulated by the Maryland Insurance Administration. On August 8, 2008, the Company and counterparties to its structured finance products reached an agreement on a restructuring plan for ACA. The plan, approved by the Maryland Insurance Administration, provided for settlement of the structured finance obligations and protection for ACA’s municipal policyholders. ACA will operate as a runoff insurance company and focus on actively managing its remaining obligations.