Brief

Insurer, Former Exec Settle In Military Housing Fraud Case

By Tom Lotshaw · November 6, 2025, 1:31 PM EST

Military housing developers alleging that they were defrauded out of millions of dollars through excessive and undisclosed premiums and fees have struck a settlement agreement with two defendants, Ambac Assurance Corp....

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Documents

Case Information

Case Title

Monterey Bay Military Housing, LLC et al v. Ambac Assurance Corporation et al

Case Number

1:19-cv-09193

Court

New York Southern

Nature of Suit

Racketeer/Corrupt Organization

Date Filed

October 04, 2019