Item 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

The following information, including Exhibit 99.1 to this Form 8-K, is being furnished, not filed, pursuant to Item 2.02 - Results of Operations and Financial Condition of Form 8-K.

On March 2, 2009, MBIA Inc. ("MBIA") issued a press release announcing its results of operations for the year ended December 31, 2008. A copy of the press release is attached as Exhibit 99.1 to this Form 8-K and is incorporated by reference to this Item 2.02 as if fully set forth herein.

Item 7.01. REGULATION FD DISCLOSURE.

On March 3, 2009, MBIA is posting on its Web site, www.mbia.com, under the section "Selected Exposures," certain information on its insured structured finance portfolio as well as detailed information on its multi-sector CDO portfolio. The information will be posted as "MBIA's Insured Structured Finance Portfolio" and "MBIA's Multi-Sector CDO Portfolio" and will be presented as of March 31, 2008, June 30, 2008, September 30, 2008 and December 31, 2008.

On March 3, 2009, MBIA is also posting on its Web site, www.mbia.com, a presentation for the financial results conference call to be held on March 3, 2009 at 8:00 a.m. EST.

On March 3, 2009, MBIA is also posting on its Web Site, www.mbia.com, a copy of a letter received by MBIA from the New York State Insurance Department, dated February 17, 2009, approving various actions in connection with the establishment of MBIA Insurance Corp. of Illinois as a separate domestic public finance bond insurance company and the reinsurance by MBIA Insurance Corp. of Illinois of $554 billion of MBIA Insurance Corporation's domestic public finance policies, which was described in MBIA's Current Report on Form 8-K dated February 20, 2009.