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

QBE Re Group Affirmed

QBE Re Group had its FSR of “A” affirmed by A.M. Best Co. The rating applies to QBE Reinsurance Corp....

Iron Trades Upgraded

Iron Trades Insurance Co. had its long-term counterparty credit and insurer FSR raised by to “A+” from “A-.” The outlook...

Nationwide Mutual Gets ‘AA’

Nationwide Mutual received an “AA” insurer financial strength rating (FSR) from Fitch, as did its related pool members, Nationwide Mutual...

Port of Seattle Bonds Affirmed

Fitch affirmed the “AA” rating of the Port of Seattle, Washington’s outstanding $895,465,263 senior lien revenue bonds. The rating affirmation...

Zenith National Lowered

Zenith National Insurance Corp. (ZNT), Zenith Capital Trust I, and the members of the Zenith National Insurance Group Intercompany Pool...

WASH. GETS OK AGAIN

Washington is again accredited by the National Association of Insurance Commissioners to monitor the solvency of insurers. State Insurance Commissioner...

$7M VERDICT REACHED

A jury awarded almost $7,000,000 in earthquake repair costs and bad faith damages on June 15 to a Culver City...

CALIF. FAIR PLAN STRETCHES

California Insurance Commissioner Harry W. Low issued an order expanding the geographic areas eligible for coverage through California’s Fair Access...

AMWEST SURETY TO LIQUIDATE

Amwest Insurance Group Inc. received notice that an Order of Liquidation of its subsidiary Amwest Surety Insurance Company had been...