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Directory · Company · Updated 2026-10-18

National Public Finance Guarantee Corporation · NAIC 23825

Where National Public Finance Guarantee Corporation is admitted, where it's eligible for surplus lines, the lines it's licensed for and how much of each it writes, from state regulators' public lists and market share reports.

National Public Finance Guarantee Corporation (NAIC 23825) is a property and casualty insurer domiciled in New York, part of Mbia Group. State regulators list it as licensed (admitted) in Alaska, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kentucky, Massachusetts, Maryland, Minnesota, Missouri, Mississippi, North Carolina, North Dakota, Nebraska, New Jersey, Nevada, Ohio, Oklahoma, Oregon, Rhode Island, South Carolina, Tennessee, Texas, Utah, Washington, Wisconsin, Wyoming. Its group ranked #1 in Hawaii financial guaranty in 2025 (65.6% share).

By Sam Alishahi, independent insurance broker · All companies

By state

Where it's licensed

States whose regulator lists are loaded: Alaska, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Kentucky, Massachusetts, Maryland, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Jersey, Nevada, New York, Ohio, Oklahoma, Oregon, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Washington, Wisconsin, West Virginia, Wyoming. Not on the lists we have for Illinois, Montana, New York, South Dakota, West Virginia, which doesn't by itself mean it isn't licensed there.

StateStatusLines licensedSinceSource
AlaskaAdmitted (licensed)——Alaska, 2026-10-18
CaliforniaAdmitted (licensed)——California Department of Insurance, 2026-10-17
ColoradoAdmitted (licensed)——Colorado, 2026-10-18
ConnecticutAdmitted (licensed)——Connecticut, 2026-10-18
DelawareAdmitted (licensed)——Delaware, 2026-10-18
FloridaAdmitted (licensed)Surety bonds—Florida Office of Insurance Regulation, 2026-10-18
GeorgiaAdmitted (licensed)Surety bonds—Georgia, 2026-10-18
HawaiiAdmitted (licensed)——Hawaii, 2026-10-18
IdahoAdmitted (licensed)Fidelity bonds, Surety bonds—Idaho, 2026-10-18
IowaAdmitted (licensed)——Iowa, 2026-10-18
KentuckyAdmitted (licensed)——Kentucky Department of Insurance, 2026-10-17
MarylandAdmitted (licensed)——Maryland Insurance Administration, 2026-10-17
MassachusettsAdmitted (licensed)Fidelity bonds, Surety bonds—Massachusetts, 2026-10-18
MinnesotaAdmitted (licensed)——Minnesota, 2026-10-18
MississippiAdmitted (licensed)Fidelity bonds, Surety bonds11-01-1975Mississippi Insurance Department, 2026-10-17
MissouriAdmitted (licensed)——Missouri, 2026-10-18
NebraskaAdmitted (licensed)——Nebraska, 2026-10-18
NevadaAdmitted (licensed)Surety bonds—Nevada Division of Insurance, 2026-10-17
New JerseyAdmitted (licensed)——New Jersey, 2026-10-18
North CarolinaAdmitted (licensed)Financial guaranty—North Carolina, 2026-10-18
North DakotaAdmitted (licensed)——North Dakota, 2026-10-18
OhioAdmitted (licensed)——Ohio Department of Insurance, 2026-10-17
OklahomaAdmitted (licensed)——Oklahoma, 2026-10-18
OregonAdmitted (licensed)Financial guaranty—Oregon, 2026-10-18
Rhode IslandAdmitted (licensed)——Rhode Island, 2026-10-18
South CarolinaAdmitted (licensed)——South Carolina, 2026-10-18
TennesseeAdmitted (licensed)——Tennessee, 2026-10-18
TexasAdmitted (licensed)Credit, Fidelity bonds, Surety bonds1985/05/22Texas Department of Insurance, 2026-10-17
UtahAdmitted (licensed)——Utah, 2026-10-18
WashingtonAdmitted (licensed)——Washington Office of the Insurance Commissioner and the Surplus Line Association of Washington, 2026-10-17
WisconsinAdmitted (licensed)——Wisconsin, 2026-10-18
WyomingAdmitted (licensed)——Wyoming, 2026-10-18
Standing

Where it's a top-10 writer

Mbia Group (NAIC group 00528), the group National Public Finance Guarantee Corporation belongs to, ranks in the top 10 for these lines and states. Top 10 insurer groups by direct premium written in 2025, from the NAIC's Market Share Reports for Property/Casualty Groups and Companies by State. A group is the parent and its insurance companies together; share is the group's part of the state total for the line; loss ratio is losses incurred over premium earned.

Line and stateRankPremium writtenShareYear
Financial guaranty in Hawaii
Financial Guaranty
#1$2.3M65.63%2025
Financial guaranty in New York
Financial Guaranty
#3$6.8M5.01%2025
Financial guaranty in California
Financial Guaranty
#4$1.3M5.47%2025
Financial guaranty in New Jersey
Financial Guaranty
#4$305,00012.04%2025
Financial guaranty in Texas
Financial Guaranty
#4$145,0000.36%2025

Method and source

Each row comes from the named regulator's public company list on the date shown, joined by NAIC number. "Admitted" means licensed by the state and backed by its guaranty fund; "surplus lines" means eligible to take risks the admitted market declines, without rate or form approval or guaranty fund protection. Premium and rank come from state market share reports that list every company. This is a public-records directory, not a rating or recommendation; for the company's own filings use the NAIC's Consumer Information Source.

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