WGI Rating Affirmed

October 16, 2000

The “BBpi” FSR on Western General Insurance Co. (WGI) was affirmed by S&P, which cited the company’s erratic operating performance, somewhat offset by strong capital position and adequate liquidity as the basis for the rating. Licensed in seven states, WGI primarily does business in California. It is a surplus lines writer in 11 states,
where it underwrites commercial and private auto coverages.

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