Monthly Archives: August 2001

Steamship Mutual Affirmed

The “A” (Excellent) financial strength rating of Steamship Mutual Underwriting Association (Bermuda), Limited has been affirmed by A.M. Best Co....

PHICO Group Downgraded

The financial strength rating of The PHICO Group, Mechanicsburg, Pa., has been downgraded to “B” (Fair) from “B++” (Very Good)...

HCC Insurance Holdings Affirmed

HCC Insurance Holdings recently received affirmation of Standard & Poor’s “A” counterparty credit rating on HCC Insurance Holdings and “AA”...

Ohio Casualty Group Lowered

A.M. Best Co. lowered the financial strength rating of the Ohio Casualty Group, Fairfield, Ohio, from “A” (Excellent) to “A-”...

Texas Fund pays Dividends

The Texas Workers’ Compensation Insurance Fund (Texas Fund) announced plans to pay approximately $25 million in dividends to select policyholders...

Rackley Adds Travelers

Pulaski, Tenn.-based ratings technology company, Rackley Systems, added Travelers Insurance to their list of companies supported by commercial lines rating...

HCC to buy Prof. Indemnity

Houston-based HCC Insurance Holdings Inc. has signed a letter of intent to acquire all of the outstanding shares of Marshall...

InsureZone Rolls Out BrokerSecure

Fort Worth’s Internet-based insurance agency, InsureZone, announced the launch of BrokerSecure, a service designed to help regional agencies and national...

HO Premiums Up Slightly

Overall, the industry reported a 6.6 percent increase in direct premiums for homeowners multiperil insurance from 1999 to 2000, according...

Insurance Scholarship Launched

The family of Richard Marks and Independent Insurance Agents of Houston (IIAH) have initiated The Richard Marks ISA Scholarship in...