SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 18, 2004
MBIA INC.
(Exact name of registrant as specified in its charter)
Connecticut 1-9583 06-1185706
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
113 King Street,
Armonk, New York 10504
(Addresses of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
914-273-4545
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01. OTHER EVENTS.
The following information, including the Exhibit to this Form 8-K, is being
furnished pursuant to Item 8.01 - Other Events of Form 8-K.
On November 18, 2004, MBIA Inc. issued a press release announcing that it
received identical document subpoenas today from the Securities and Exchange
Commission and the New York Attorney General's office requesting information
with respect to non-traditional or loss mitigation insurance products developed,
offered or sold by MBIA to third parties from January 1, 1998 to the present.
The subpoenas do not identify any specific transaction, and MBIA believes the
subpoenas were issued in connection with an industry-wide investigation of
non-traditional insurance products. MBIA intends to cooperate fully with the
Securities and Exchange Commission and the New York Attorney General's request
for documents.
A copy of the press release is attached as Exhibit 99.1 to this Form 8-K and is
incorporated by reference to this Item 8.01 as if fully set forth herein.
Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
99.1 Press Release issued by MBIA Inc. dated November 18, 2004.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
MBIA INC.
By: /s/ Ram D. Wertheim
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Ram D. Wertheim
General Counsel
Date: November 18, 2004
EXHIBIT INDEX TO CURRENT REPORT ON FORM 8-K
Dated November 18, 2004
Exhibit 99.1 Press Release issued by MBIA Inc. dated November 18, 2004.