Yearly Archives: 2001

Ariz. Gets Serious About Securities

The Arizona Department of Insurance and the Arizona Corporation Commission’s Securities Division are coordinating enforcement efforts to address a growing...

First Beacon Assigned ‘B++’

A “B++” FSR was assigned to First Beacon Insurance Company, Burlington, Vt., by A.M. Best. Cited as major rating factors...

Worldwide Reassurance Affirmed

The “A-” long-term counterparty credit rating and insurer FSR on Worldwide Reassurance Co. Ltd. was affirmed by S&P. Rating factors...

Highlands Lowered

The “B++” FSR of Highlands Insurance Group Inc. was downgraded to “B” by A.M. Best, which also removed that rating...

Legion Ins. Group Affirmed

The “A-” FSR of Legion Insurance Group, comprised of Legion Insurance Co., Legion Indemnity Co. and Villanova Insurance Co., was...

Aon Corp. on WatchNeg

The ratings of Aon Corp. and its subsidiaries were put on CreditWatch with negative implications by Standard & Poor’s (S&P)...

PHICO Group Downgraded

A.M. Best Company downgraded the financial strength rating (FSR) of The PHICO Group of Mechanicsburg, Pennsylvania, from “B++” to “B.”...

FUND FOR HOLOCAUST SURVIVORS

In a humanitarian gesture aimed at improving the lives of California residents who survived the World War II Holocaust, three...

ST. PAUL JOINS PLATFORM

The St. Paul Companies’ reinsurance unit, St. Paul Re, joined the inreon platform, launched last December by Munich Re and...

WELLS FARGO BUYS ACORDIA PARENT

Wells Fargo & Company announced the acquisition of ACO Brokerage Holding Corporation, parent company of Acordia Inc. Acordia and Wells...