The loss estimates for Australia’s HIH continue to mount. Last May they appeared to have leveled off at around U.S.$2.1...
Yearly Archives: 2001
Standard & Poor’s addressed the recent weakness in the Japanese stock market, stating that “the current level of Japanese stock...
Fortis, the Dutch-Belgian financial services group, announced that overall net operating profit rose 4 percent to €1.54 billion ($1.41 billion)...
The battle over New Jersey’s auto insurance rates and regulations, which began when State Farm Indemnity, the largest writer in...
North Hollywood insurance broker Shahin Sean Pelaseyed was sentenced to 180 days in county jail and five years probation by...
An eight-month joint investigation conducted by investigators from the CDI Criminal Investigations Branch’s Fraud Division, the California Highway Patrol and...
S&P took rating actions on Acceptance Insurance Companies Inc. (AICI) and its insurance operating subsidiaries. S&P downgraded American Growers Insurance...
S&P placed its ratings on Nationwide Financial Services Inc. (NFS) and related entities on CreditWatch with negative implications. At the...
On Aug. 6, Standard & Poor’s (S&P) placed its “AA-” counterparty credit and financial strength rating (FSR) on Fireman’s Fund...
Pennsylvania Insurance Commissioner Diane Koken announced that the State’s Commonwealth Court granted the Department’s petition to place PHICO Insurance Company...