After spending more than a year and a half trying to launch the Municipal Infrastructure and Assurance Corp., executive vice president Richard ­Kolman Monday announced that he left the start-up bond insurer to join U.S. Bancorp, which is ­launching a muni underwriting business.

“Although I still believe in the value of bond insurance and the value of MIAC, the U.S. Bank is presenting me with a terrific opportunity to build a business which will complement their widespread existing client relationships with government, nonprofit, health care, real estate, and commercial banking customers,” Kolman said in an e-mailed ­statement.

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