Amid heavy lobbying on the part of financial lenders, insurers, real estate executives and even President Bush, the Democrats and...                
            
        Monthly Archives: May 2002
                    A.M. Best Co. maintained the “A-” (Excellent) financial strength rating of the Lloyd’s market after the recent announcement of a...                
            
        
                    S&P placed its “A+” counterparty credit and financial strength ratings on the members of United Fire Group and United Life...                
            
        
                    S&P assigned its “R” financial strength rating to Alistar Insurance Co. after learning that the California Department of Insurance applied...                
            
        
                    A.M. Best Co. announced that the “A+” (Superior) financial strength rating of the St. Paul Companies is unaffected by The...                
            
        
                    S&P removed from CreditWatch and affirmed its “A-” counterparty credit and insurer financial strength ratings on U.K.-based CNA Insurance Co....                
            
        
                    Standard & Poor’s revised its financial strength rating on Petrosurance Casualty Corp. to “R” after learning that the Oklahoma County...                
            
        
                    A Stephens County, Texas grand jury has indicted Eric Beaver on felony charges stemming from workers’ compensation fraud. Beaver allegedly...                
            
        
                    Louisiana Governor Mike Foster signed a bill allowing insurers two rate filings before the Louisiana Insurance Rating Commission (LIRC). The...                
            
        
                    A Denton County, Texas, jury ordered Allstate Texas Lloyds to pay actual and exemplary damages of more than $3.8 million...