Standard & Poor’s ratings News

S&P Revises Outlook on CGSC to Negative; CEO Comments

Standard & Poor’s Rating Services announced on April 1, 2014 that it has affirmed its ‘B’ rating for Cooper Gay Swett & Crawford Ltd., but has revised its outlook on the rating to negative from stable. The ratings announcement brought …

S&P Says Endurance Ratings Unaffected By CEO Stepping Down

Standard & Poor’s Ratings Services said that its rating on Endurance Specialty Holdings Ltd., currently ‘BBB+’ with a stable outlook, is unaffected by the recent announcement that David Cash has stepped down as the company’s CEO and as a member …

S&P Rates Florida Cat Fund Bonds ‘AA-’

Standard & Poor’s Ratings Services has assigned its “AA-” rating to Florida Hurricane Catastrophe Fund (FHCF), Florida’s $2 billion revenue bonds series 2013A. The outlook is stable, according to the ratings firm. S&P said the bond proceeds are to provide …

S&P Affirms Liberty Mutual Group’s Ratings; Outlook Revised to Stable

Standard & Poor’s Rating Services has affirmed its ‘BBB-’ counterparty credit and senior debt ratings on Liberty Mutual Group Inc. as well as its ‘A-’ counterparty credit and financial strength ratings on Liberty’s operating companies. At the same time, S&P …