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 insured
municipal obligations.