{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-022148","form_type":"8-K","ticker":"MBI","cik":"0000814585","company_name":"MBIA INC","filed_at":"2024-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.993613+00:00","generated_at":"2026-06-05T09:54:49.264377+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"MBIA FY2023 net loss widens to $491M; pays $8/share special dividend, book value negative $32.56","bullets":["GAAP net loss $491M ($10.18/diluted share) vs $195M ($3.92) in 2022; adjusted net loss $169M ($3.49) vs $145M ($2.90).","Book value per share negative $32.56 at Dec 31, 2023, down from negative $16.07; $8/share dividend paid Dec 22.","National statutory capital $1.1B, claims-paying $1.7B; leverage ratio 25:1 (up from 16:1 at year-end 2022).","MBIA Inc. liquidity $411M; $71M share repurchase remaining; CEO: focus on resolving PREPA exposure, then selling company.","Q4 net loss $138M ($2.94/share) vs $52M ($1.05) year ago; Q4 adjusted net loss $8M vs income $15M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-022148","json":"https://secwatch.observer/filing/0000950170-24-022148.json","markdown":"https://secwatch.observer/filing/0000950170-24-022148.md","text":"https://secwatch.observer/filing/0000950170-24-022148.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/814585/000095017024022148/0000950170-24-022148-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/814585/000095017024022148/mbi-20240228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T09:54:49.264377+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}