Ambac launches specialty program insurance business everspan group assigned am best financial strength rating of ‘a-' (excellent)

New york--(business wire)--ambac financial group, inc. (nyse: ambc) (“ambac'), a financial services holding company, today announced that it has launched everspan group, a specialty, participatory fronting program insurance business. earlier today, a.m. best issued a financial strength rating (“fsr”) of ‘a-' (excellent) for everspan group's core insurance companies, everspan indemnity insurance company, an excess and surplus lines insurer and everspan insurance company, an admitted carrier. wit
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