Monthly Archives: <span>February 2001</span>

Hazardous Construction

Three construction company owners from Arizona and a California attorney have been accused of insurance fraud and employment tax evasion...

Not a Real Team Player

California Insurance Commissioner Harry Low revoked the license of former insurance agent Raymond Michael Graney, who did business as Team...

Truth Gets Flushed Down the Drain

A joint investigation by the CDI Criminal Investigations Branch, the Los Angeles District Attorney’s Office, the Insurance Fraud Unit and...

In Over His Head

Johnny Brocktune Lew of Stockton, Calif., was sentenced to seven years and four months in state prison for plotting an...

S&P Affirms SIAMCO

The “AApi” FSR on Sentry Insurance, a Mutual Co. (SIAMCO) was affirmed by S&P. The rating action also applies to...

Phoenix ‘A’ Affirmed

The “A” rating of Phoenix Home Life Mutual Insurance Co., Hartford, Conn., was affirmed by A.M. Best, which indicated that...

American Community Downgraded

Subsequent to continued deterioration in American Community Mutual Insurance Co.’s surplus position, the FSR on the company was downgraded from...

St. Paul Affirmed

Following an annual review of the ratings on St. Paul Cos. Inc., S&P affirmed its ratings on the organization and...

HISCO Off CreditWatch

The “BBB+” long-term counterparty credit rating and insurer FSR on Hiscox Insurance Company Ltd. (HISCO) were withdrawn from CreditWatch with...