The “AApi” FSRs on Republic Underwriters Insurance Co. (RUI) was lowered to “Api” by S&P. The rating action also applies...
Yearly Archives: 2001
The issuer credit and senior unsecured debt ratings on Chandler USA Inc. were lowered from “BBB” to “BB” by S&P....
The “A” FSR of Folksamerica Reinsurance Company, New York, was lowered to “A-” by A.M. Best. Cited as a major...
The “BBBpi” FSR on Statewide Insurance Co. (IL) was lowered to “BBpi” by S&P. The rating action was based on...
The “AAA” counterparty credit and insurer financial strength rating on Swiss Reinsurance Co. (SRZ) and related core subsidiaries were affirmed...
A recent Conning & Company study, “Property-Casualty Forecast and Analysis,” showed personal automobile rates on the rise by 4 to...
The U.S. Senate unanimously passed the Brownfields Revitalization and Environmental Restoration Act of 2001. The American Insurance Association (AIA) called...
A.M. Best’s newly published Captive Directory reports that 245 new captive insurance companies were formed in 2000, while 170 were...
Progressive Corporation reported profit for the first quarter of 2001, reversing a year-ago loss for the Ohio-based company as it...
Access CoverageCorp Inc., the Charlotte, N.C. Internet-based business insurance technology and solutions provider, announced it raised $8 million in a...