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

All in the Family

James Gus Sdrales, 33, was sentenced in San Diego Superior Court on Dec. 3, to one year of work furlough...

S&P Affirms Marsh & McLennan Cos.

Standard & Poor’s affirmed its ratings on Marsh & McLennan Companies (MMC). The outlook has been revised to stable from...

S&P Lowers Atlantic Mutual

Standard & Poor’s lowered its various ratings on Atlantic Mutual Insurance Co. and its subsidiaries. At the same time, S&P...

TIG Downgraded, C&F Affirmed

A.M. Best Co. downgraded the financial strength rating of TIG Insurance Group, Irving, Texas, from “A-” (Excellent) to “B++” (Very...

INSURERS TO RESOLVE 9/11 DISPUTES

A number of major U.S. insurance companies agreed to resolve inter-insurer disputes in relation to the Sept. 11 acts of...

REGULATORY SYSTEM ANALYZED

The California system held up by a consumer group as a model for auto insurance regulation in fact may have...

SAFECO EXPECTS ENRON LOSSES

Insurer SAFECO Corp. stated that it expects fourth-quarter profits to be cut by insurance policies sold to Enron Corp., investments...

CEA MARKS 5th ANNIVERSARY

The California Earthquake Authority (CEA) announced it is celebrating its five-year anniversary, having recently surpassed the $1 billion milestone for...

NAII OPPOSES NV AMENDMENTS

According to the National Association of Independent Insurers (NAII), several amendments the Nevada Division of Insurance is considering to underwriting...

FRONTIER PACIFIC LIQUIDATED

Frontier Pacific Insurance Company, which was conserved because it is insolvent, was finally given the Liquidation Order on Dec. 3....