Yearly Archives: 2001

‘So Long’ to Solo’

The California Department of Insurance (CDI) filed an Accusation against Solo Insurance Services Inc. and its owner, Stephanie Rager, for...

Independent Insurance Lowered

S&P lowered its counterparty credit and insurer FSR on Independent Insurance Co. Ltd. to “BBB+” from “A,” and revised the...

Factory Mutual Affirmed

The “AA-” insurer FSR on Factory Mutual Insurance Company (FM Global) was affirmed by Fitch. Also, Fitch assigned an “AA-”...

Folksamerica Reinsurance Affirmed

S&P removed from CreditWatch and affirmed the “A-” counterparty credit and FSR for Folksamerica Reinsurance Co. (FRC). The ratings had...

Ocean Harbor Casualty Affirmed

The “BBpi” FSR on Ocean Harbor Casualty Insurance Co. (OHCIC) was affirmed by S&P, which cited the company’s volatile premium...

Acceptance Cos. Under Review

A.M. Best placed the “B++” FSRs of Acceptance Casualty Insurance Company and Acceptance Indemnity Insurance Company under review with negative...

Sable Insurance ‘R’ Rated

Sable Insurance Company received an “R” FSR from S&P. The company was placed into conservation in May by the California...

Fairfax Downgraded

Fitch has downgraded the insurer financial strength (IFS) ratings for the members of Fairfax Insurance Group to “A-” from “A”...

Pacific Specialty Raised

Pacific Specialty Insurance Co. had its counterparty credit and FSR changed by Standard & Poor’s (S&P) from “Bpi” to “BBpi.”...

TO BE OR NOT TO BE CAPTIVE

Despite recent reports, Lloyd’s hasn’t made any decision as to whether it will exit the captive market. The issue is...