Ambac acquires riverton insurance agency corp.

New york--(business wire)--ambac financial group, inc. (nyse: ambc) (“ambac”), a financial services holding company, today announced that it has acquired a majority stake in riverton insurance agency corp., a new jersey-based insurance services business consisting of an mga and a retail agency. terms of the deal were not released. riverton's mga, professionals' best, offers professional liability insurance programs to licensed architects, engineers, construction managers, and real estate profes.
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