All the headlines from our S&P Topic Page, ordered by recency.
Jun 5 2001 // Philadelphia Consolidated Holding Corp., which markets and underwrites specialty property and casualty insurance products, announced that after the close of trading on May 31, the company was included as a component of the...
May 17 2001 // Standard & Poor’s (S&P) affirmed all outstanding interactive ratings on Lumbermens Mutual Casualty Cos. (the Kemper Insurance Cos., collectively Kemper). The outlook is stable. According to S&P, Kemper...
May 13 2001 // “In essence, we’d like to assure all of our policyholders that we are solvent, that we’re still financially strong,” said Jim Zelinski, spokesperson for California State Compensation Insurance Fund,...
May 10 2001 // Standard & Poor’s (S&P) revised its financial strength rating (FSR) on Amwest Surety Insurance Co. (Amwest Surety) to “R” from “CCCpi.” S&P took this rating action after Amwest...
May 9 2001 // Standard & Poor’s (S&P) lowered its “BBB+” counterparty credit and financial strength ratings on American Fire & Casualty Co., Ohio Casualty Insurance Co., Ohio Security Insurance Co., and...
May 8 2001 // Standard & Poor’s (S&P) removed from CreditWatch and lowered its counterparty credit and financial strength ratings on the California State Compensation Insurance Fund from “A” to...
May 7 2001 // The “AAA” counterparty credit and insurer financial strength rating on Swiss Reinsurance Co. (SRZ) and related core subsidiaries were affirmed by Standard & Poor’s (S&P), which also revised the...
May 7 2001 // The “AApi” FSRs on Republic Underwriters Insurance Co. (RUI) was lowered to “Api” by S&P. The rating action also applies to RUI’s 100 percent reinsured affiliates: Republic Lloyds;...
May 7 2001 // The “Api” FSR on General Casualty of Wisconsin was affirmed by S&P. The rating action also applies to the company’s related pool members: Regent Ins. Co.; General Casualty of Illinois; Hoosier Ins....
Apr 23 2001 // The “AAA” debt and counterparty credit ratings on American International Group Inc. (AIG) were affirmed by Standard & Poor’s (S&P). Concurrently, the “AAA” insurer FSR and...
Apr 21 2001 // The ratings of Aon Corp. (Aon) and fellow subsidiaries were put on CreditWatch with negative implications by Standard & Poor’s (S&P) on April 20. The rating action came subsequent to Aon’s...
Apr 20 2001 // Ratings for the California State Compensation Insurance Fund were placed on CreditWatch with negative implications by Standard & Poor’s on April 17. The action was taken on SCIF’s “A”...
Apr 16 2001 // Standard & Poor’s has lowered its financial strength ratings on all members of the Highlands Insurance Group, to double-‘Bpi’ from triple-‘Bpi.’ Included in the downgrade are Highlands...
Apr 11 2001 // Standard & Poor’s lowered its financial strength rating on PAULA Insurance Co. to triple-‘Cpi’ from single-‘Bpi’. The rating action reflects the company’s deteriorating surplus,...
Apr 9 2001 // HIH Insurance Ltd., following in the footsteps of ReAC and GIO, became the latest Australian insurance company to be forced to the wall by mounting losses. Rumored to be in deep trouble for the last six months, the...
Apr 4 2001 // Standard & Poor’s has lowered its financial strength ratings on all members of the Highlands Insurance Group, to double-‘Bpi’ from triple-‘Bpi.’Included in the downgrade are Highlands...
Mar 29 2001 // On March 28, Standard & Poor’s removed the ratings of SAFECO Corp. and related entities from CreditWatch and lowered SAFECO’s counterparty credit rating and senior unsecured debt rating from...
Mar 26 2001 // The “A+” counterparty credit rating and FSR on RLI Insurance Co. was affirmed by S&P. The rating action also applies to the company’s subsidiary Mt. Hawley Insurance Co. S&P cited RLI’s...
Mar 26 2001 // The “BBBpi” FSRs on Oregon Mutual Insurance Co. was affirmed by S&P. The rating action was based on the consolidated results of the company and its wholly owned subsidiary, Western Protectors Insurance...
Mar 26 2001 // The “AApi” FSR on Halcyon Insurance Co. was affirmed by S&P, which cited the company’s participation in a reinsurance agreement with affiliate, Progressive Casualty Insurance Co., as the basis for...