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Questions & Answers > General > What is OCI’s relationship with AAC?

The following questions and answers are provided to the general public for informational purposes only. They are not legal documents and do not bind the Segregated Account of Ambac Assurance Corporation, the Office of the Commissioner of Insurance, or the Rehabilitator to any position or interpretation of the rehabilitation court's orders in these proceedings, now or in the future. Interested parties should review the court documents available on this site and consult their own legal counsel with any questions they may have regarding any effect this rehabilitation proceeding may have on their legal rights and obligations.

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AAC is incorporated in Wisconsin. As such, OCI is AAC’s primary insurance regulator. Wisconsin law treats any segregated account that AAC establishes as a separate, Wisconsin-domiciled insurer that is also subject to regulation by OCI.

Last updated on March 27, 2010 by Ambac Policyholders Administrator