Monthly Archives: April 2001

‘Guilty, Your Honor’

Ronald Allen Prasky, owner of Border Pacific Insurance Services, pled guilty March 14 to five felony counts of insurance fraud...

Fitch P/C Report Published

A new ratings criteria report, “Property/Casualty Insurance Ratings Criteria (U.S.),” was recently published by Fitch. Covered is the issue of...

SAFECO Credit on Watch Evolving

Following SAFECO Corp.’s announcement of a potential sale of SAFECO Credit, the “F2” commercial paper rating on SAFECO Credit Company...

AFC Re’s ‘A-‘ Withdrawn

The “A-” insurer FSR of AFC Re Ltd. was withdrawn by Fitch. AFC Re’s was acquired in December 2000 by...

XL Affirmed

The “A+” FSR on XL Capital Ltd. was affirmed by A.M. Best. The rating action also applies to the following...

Fitch Affirms Arrow Re

The “A+” insurer FSR on Arrow Reinsurance Company Ltd. was affirmed by Fitch. The Bermuda-domiciled reinsurance company is a wholly...

Munich Re Affirmed

The “AAA” counterparty credit rating and insurer FSR on Munich Reinsurance Co. AG were affirmed by S&P. The rating action...

ERC Affirmed

The “A++” group FSR of Employers Reinsurance Corporation (ERC) was affirmed by A.M. Best. The rating action also applies to...