ACA Financial Guaranty Corporation
Candace Patten is an experienced Insurance Coordinator at ACA, a nationwide nonprofit, since July 2011. Responsibilities include overseeing insurance for on-water events, managing paddling clubs across the country, and engaging in marketing outreach to expand membership. Additionally, Candace reviews and issues insurance policies for Outfitters, Liveries, and Guides. Previous experience includes working as an Office Sales Representative at Office Smart from January 2002 to October 2003, where responsibilities encompassed managing office supply orders and building business relationships through sales efforts. Candace is currently pursuing education at American Behavioral College, with prior education at Shiloh Christian School.
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ACA Financial Guaranty Corporation
Founded in 1997, ACA Financial Guaranty Corporation is a monoline bond insurance company licensed in 50 states and 5 territories and regulated by the Maryland Insurance Administration. On August 8, 2008, the Company and counterparties to its structured finance products reached an agreement on a restructuring plan for ACA. The plan, approved by the Maryland Insurance Administration, provided for settlement of the structured finance obligations and protection for ACA’s municipal policyholders. ACA will operate as a runoff insurance company and focus on actively managing its remaining insured municipal obligations. ACA’s portfolio consists of hundreds of obligors guarantying timely payment of principal and interest on billions of dollars of high yield municipal bonds.