From the WSJ:
New York Hires Perella To Advise on Bond Insurers The New York State Insurance Department has hired the Wall Street firm Perella Weinberg Partners for advice on the financial health of bond insurers.
...
The Perella Weinberg assignment focuses on protecting policy holders who are customers of so-called monoline insurers, which include Ambac Financial Group Inc. and MBIA Inc., according to people familiar with the assignment.
A line of credit or capital infusion from the insured to the insurer is not an answer. I'm not sure how you can protect the policy holders if the insurer can't pay.