Build America Mutual today announced four new hires and internal moves to enhance the underwriting and new business efforts of its growing municipal bond insurance business, according to Seán W. McCarthy, Managing Director and Chief Executive Officer of BAM. Bryan R. Baebler joins BAM as Vice President, Capital Markets with…

Build America Mutual Assurance Company (BAM or the Company), the first mutual municipal bond insurer, today announced that it has joined the Securities Industry and Financial Markets Association (SIFMA) as an Associate Member. “We’re pleased to join SIFMA,” said Seán W. McCarthy, Managing Director and Chief Executive Officer of BAM.…

Federal, state, and local government reactions to the spread of the novel coronavirus and a surge in COVID-19 cases are leading to a wave of questions about the fundamental credit quality of U.S. municipal bond issuers, given the potential for extended disruptions to economic activity. To help investors understand BAM's…

S&P Global Ratings today affirmed its AA rating and stable outlook for Build America Mutual, the largest municipal-only bond insurer, recognizing BAM's "excellent capital and earnings" and other key strengths in assigning BAM the highest rating S&P maintains for any active bond insurer. The rating was affirmed following the adoption…