An ‘R’ rating was assigned to RCA Syndicate #1 Ltd., a wholly owned subsidiary of L&W Holdings Inc., a Nevada-domiciled insurance holding company, by S&P.
On May 11, 2000, the company was placed under an order of conservation by the State of Illinois, which is supervising the company’s liquidation process.
Was this article valuable?
Here are more articles you may enjoy.
Mississippi Insurance Dept. Top Examiner Named in $90M Credit Union Theft Suit 
Space Startups Seek Insurance for Orbital AI Data Centers 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
5 Years After Surfside Collapse: Safer Condos, More Transparency for Underwriters From This Issue
