Ratings

State Fund Removed from Credit Watch

California’s largest workers’ comp carrier, State Compensation Insurance Fund (SCIF), was removed from Credit Watch status by Standard & Poor’s...

Fremont Lowered

Fitch took several actions regarding the ratings of California-based Fremont General Corporation. The actions include lowering the senior debt rating...

Millers Mutual Lowered

The financial strength rating on Millers Mutual Insurance Assn. of IL was lowered from “BBBpi” to “BBpi” by S&P. The...

“AA-” Assigned to Unitrin

“AA-” counterparty credit and financial strength ratings were assigned to the following property/casualty units of Unitrin Inc.: Trinity Universal Ins....

Berkshire Hathaway “AAA” Affirmed

The “AAA” counterparty credit and financial strength ratings on Berkshire Hathaway Insurance Group, whose members are the insurance operating subsidiaries...

Fairfax Lowered

The counterparty credit and senior un-secured debt ratings on Fairfax Financial Holdings Ltd. (Fairfax) were lowered from “BBB+” to “BBB-”...

Marsh & McLennan Affirmed

The “AA-” counterparty credit and senior unsecured debt ratings on Marsh & McLennan Companies (MMC) was affirmed by S&P. Concurrently,...

Empire Lowered

The counterparty credit and financial strength ratings on Empire Insurance Co., Allcity Insurance Co. and Centurion Insurance Co. were lowered...

PHICO Ins. Co. Lowered

The financial strength rating on PHICO Insurance Co. was lowered from “BBBpi” to “BBpi” by S&P. The company”s weak operating...

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