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Financial Guaranty Insurance Company (FGIC) is an American monoline bond insurer established in 1983. It faced significant financial difficulties in 2008 which affected its ability to write new business. [1] The firm was acquired in December 2003 by a consortium of investors including PMI Group, The Blackstone Group, The Cypress Group and CIVC ...
He co-owns Cypress Insurance Agency in Baton Rouge. He is a graduate of the leadership programs offered by both the West Baton Rouge/Iberville Chamber of Commerce and the Council For A Better Louisiana. He is a member of the West Baton Rouge Chamber of Commerce. [4] He and his wife, Stacie, have two children, Jailen and Jace Jordan. [4]
The predecessor of the company was founded in 1978 by Samuel J. Tibbitts as a subsidiary of the Lutheran Hospital Society of Southern California. [1] PacifiCare was incorporated in 1983.
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The Cypress Group is a private equity company focused on leveraged buyout investments in companies across a range of industry sectors. At its peak in the late 1990s and early 2000s, Cypress was among the largest US private equity firms, although by the end of the decade the firm would find itself in the process of winding down its operations.
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