Ratings

Ocean Harbor Casualty Affirmed

The “BBpi” FSR on Ocean Harbor Casualty Insurance Co. (OHCIC) was affirmed by S&P, which cited the company’s volatile premium...

Folksamerica Reinsurance Affirmed

S&P removed from CreditWatch and affirmed the “A-” counterparty credit and FSR for Folksamerica Reinsurance Co. (FRC). The ratings had...

PHICO Group Downgraded

A.M. Best Company downgraded the financial strength rating (FSR) of The PHICO Group of Mechanicsburg, Pennsylvania, from “B++” to “B.”...

Aon Corp. on WatchNeg

The ratings of Aon Corp. and its subsidiaries were put on CreditWatch with negative implications by Standard & Poor’s (S&P)...

Legion Ins. Group Affirmed

The “A-” FSR of Legion Insurance Group, comprised of Legion Insurance Co., Legion Indemnity Co. and Villanova Insurance Co., was...

Highlands Lowered

The “B++” FSR of Highlands Insurance Group Inc. was downgraded to “B” by A.M. Best, which also removed that rating...

Worldwide Reassurance Affirmed

The “A-” long-term counterparty credit rating and insurer FSR on Worldwide Reassurance Co. Ltd. was affirmed by S&P. Rating factors...

First Beacon Assigned ‘B++’

A “B++” FSR was assigned to First Beacon Insurance Company, Burlington, Vt., by A.M. Best. Cited as major rating factors...

Folksamerica Downgraded

The “A” FSR of Folksamerica Reinsurance Company, New York, was lowered to “A-” by A.M. Best. Cited as a major...

Chandler USA Lowered

The issuer credit and senior unsecured debt ratings on Chandler USA Inc. were lowered from “BBB” to “BB” by S&P....

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