Monthly Archives: September 2002

The Process

By
Today, more than ever before, the independent agent needs to reduce expenses and increase income. In order to accomplish this,...

Management More Crucial Than Ever

By Michael Weinberg
When I was a student in college and majoring in insurance, my professors used to tell us that there was...

Berkshire Hathaway Outlook Stable

S&P’s affirmed its “AAA”/”A-1+”counterparty credit, “A-1+” commercial paper, and “AAA” senior debt ratings on Berkshire Hathaway Inc. because of the...

RSA Ratings Lowered

S&P’s lowered its long-term counterparty credit and insurer financial strength ratings on various operating entities of U.K.-based Royal & Sun...

PMA Units Lowered

Standard & Poor’s lowered its counterparty credit and financial strength ratings on U.S.-based reinsurer PMA Capital Insurance Co. (PMACIC) and...

National Indemnity Affirmed

A.M. Best Co. has affirmed the group financial strength rating of “A++” (Superior) of National Indemnity Group (NIG), based in...

MBIA Offering Rated ‘AA’

Fitch Ratings assigned an “AA” rating to MBIA Inc.’s $200 million 20-year senior debt offering. The bonds will bear interest...

Couple Files False Burglary Claims

Investigators from the CDI arrested a Sacramento couple on two felony counts of insurance fraud for allegedly filing false claims...

Woman Aided Clients in Fraud Scheme

The CDI’s Criminal Investigations Branch announced the arrest of Margaret Lawanda Cook, 51, of El Sobrante, Calif. on eight counts...