Insurance Stocks in Focus (ABK, PMI, RDN, MBI)

Ambac Financial Group, Inc. (NYSE:ABK) is up 13.64% to $2 on 55.26 million shares. The moribund bond insurance industry won new life on Friday as investors grew hopeful the companies would win lawsuits against Wall Street banks after regulators charged Goldman Sachs with duping a bond insurer.

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The PMI Group, Inc. (NYSE:PMI) advances 0.28% to $7.10 on 2.02 million shares. The stock is up over 14% in the last one year of trading sessions. The stock has a 52-week high of $7.75.

Radian Group Inc. (NYSE:RDN) jumps 2.29% to $18.30. Radian Group Inc. is a credit enhancement company. The Company operates in three business segments: mortgage insurance, financial guaranty and financial services.

MBIA Inc. (NYSE:MBI) added 4.62% to $9.28 on 11.13 million shares.

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