Yearly Archives: 2001

This Picture’s Worth a Thousand Words

Following a 14-month investigation by the CDI Criminal Investigations Branch, four Southern California residents were arraigned in Los Angeles Superior...

Playing Tug-of-War with the Truth

Jeffrey Ferguson of Tuolumne self-surrendered to authorities on March 13. The 41-year-old man was arrested for workers’ compensation fraud. According...

‘Guilty, Your Honor’

Ronald Allen Prasky, owner of Border Pacific Insurance Services, pled guilty March 14 to five felony counts of insurance fraud...

Fitch P/C Report Published

A new ratings criteria report, “Property/Casualty Insurance Ratings Criteria (U.S.),” was recently published by Fitch. Covered is the issue of...

SAFECO Credit on Watch Evolving

Following SAFECO Corp.’s announcement of a potential sale of SAFECO Credit, the “F2” commercial paper rating on SAFECO Credit Company...

AFC Re’s ‘A-‘ Withdrawn

The “A-” insurer FSR of AFC Re Ltd. was withdrawn by Fitch. AFC Re’s was acquired in December 2000 by...

XL Affirmed

The “A+” FSR on XL Capital Ltd. was affirmed by A.M. Best. The rating action also applies to the following...

Fitch Affirms Arrow Re

The “A+” insurer FSR on Arrow Reinsurance Company Ltd. was affirmed by Fitch. The Bermuda-domiciled reinsurance company is a wholly...

Munich Re Affirmed

The “AAA” counterparty credit rating and insurer FSR on Munich Reinsurance Co. AG were affirmed by S&P. The rating action...