Last August, American Re, a subsidiary of Germany’s Munich Re-the world’s biggest reinsurer-agreed to acquire American Insurance Service Inc. (AIS)...
Monthly Archives: <span>August 2000</span>
A lot has been happening up in Seattle-at SAFECO’s headquarters in particular. On Aug. 3, Roger Eigsti, chairman and CEO...
The “BBBpi” financial strength ratings on Heritage Mutual Insurance Co. (WI) and its wholly owned reinsured affiliate, Greatway Insurance Co.,...
The Indiana-based stock company Pafco General Insurance Co. was assigned a “CCCpi” financial strength rating by S&P. Mainly writing private...
The “BBpi” financial strength rating on Hemar Insurance Corp. of America was affirmed by S&P. The Hemar’s limited remaining business...
A “BBpi” financial strength rating was assigned to Eagle Insurance Company by S&P. Mainly writing private passenger and commercial auto...
The financial strength rating on Millers Mutual Insurance Assn. of IL was lowered from “BBBpi” to “BBpi” by S&P. The...
Fitch took several actions regarding the ratings of California-based Fremont General Corporation. The actions include lowering the senior debt rating...
California’s largest workers’ comp carrier, State Compensation Insurance Fund (SCIF), was removed from Credit Watch status by Standard & Poor’s...
DCBS fined Minnesota-based Fortis Benefits Insurance Co. $20,000 for several violations of Oregon laws and administrative rules. The fine was...