July 24, 2000
Insurance Journal West Magazine
Insurance Journal West Magazine
Cracks in the Stucco: Construction Defect Litigation Spreads.
In this Issue
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RatingsBankers Cos. Reaffirmed
The following "secure" ratings on three affiliated companies of St.... -
RatingsBest Extends MPCo Rating
A.M. Best extended its "A++" rating to The Medical Protective Co.... -
RatingsSurety Co. of the Pacific Affirmed
S&P affirmed its "BBpi" financial strength rating on Van Nuys-based... -
RatingsEmpire Lowered
The counterparty credit and financial strength ratings on Empire... -
RatingsPHICO Ins. Co. Lowered
The financial strength rating on PHICO Insurance Co. was lowered from... -
RatingsVirginia Mutual Affirmed
The "BBBpi" financial strength rating on Virginia Mutual Insurance... -
FeaturesKemper to Take Over Superior National
The negotiations are still in the works, but the fact is that Kemper... -
FeaturesGroups Disagree on Producer Licensing Model Language
What's in a word? A lot—at least according to the National... -
FeaturesLeucadia Backs Out of Planned Reliance Deal
Leucadia National Corp. backed out of its acquisition agreement with... -
FeaturesNAII Lists State Farm Verdict as Second Largest ‘Disaster’ of 1999
A $1.2-billion verdict against State Farm Insurance Company, handed... -
Tech TalkGetting the “point” across
With the way dot-coms have come and gone, I was asked the other day... -
Cover StoryCracks in the Stucco: CONSTRUCTION DEFECT LITIGATION KEEPS SPREADING
"You put up these buildings. Even though no one has noticed anything... -
FeaturesBusinesses at Risk:Do Your Clients Need CONTAMINATED PRODUCTS Insurance’
Ecoli bacteria in beverages, cyanide in capsules, salmonella... -
FeaturesCommentary: Examining Slave Insurance in a World 150 Years Removed
In March 2000, Aetna, the nation's largest health insurer, was... -
FeaturesRecent Product Recalls
The following list, compiled from Safety Alerts.com, is a sample of... -
FeaturesSurplus Line Brokers Gather at ‘Playground of Pacific Northwest’ for WSSLC
By mixing education with entertainment, Western States Surplus Line... -
Editor's NoteFrom the Newsroom: Feeling a Little Shaky after the ‘Ultimate Seismic Jolt’
Ever sit back and watch an earthquake? Not a bad spectator sport,... -
NewsbriefsFEDS JOIN INVESTIGATION OF CDI
Federal authorities have joined California state officials in their... -
NewsbriefsRUNNING A RED LIGHT CAN BE DEADLY
A recent study by the Insurance Institute for Highway Safety (IIHS)... -
NewsbriefsFRONTIER WRAPS UP REGENCY SALE
Frontier Insurance Group has completed the sale of Regency Insurance... -
NewsbriefsISO HELPS FIGHT FRAUD
The ability of insurance companies to detect fraudulent claims by... -
NewsbriefsINDUSTRY VETERAN PASSES AWAY
Vic Slevin passed away on July 8, 2000. Born in Iowa in 1920, Slevin... -
NewsbriefsCLOSING ARGUMENTS FOR LLOYD’S
The British High Court heard closing statements on July 12 in the... -
NewsbriefsCONSECO SHOWED HIM THE MONEY
When Conseco Inc.'s new chairman and chief executive, Gary C. Wendt,... -
NewsbriefsCONFERENCE FILLED WITH SUN & FUN
Independent agents and brokers are invited to attend the annual... -
NewsbriefsVESTA COMPLETES CAT BOND DEAL
Vesta Insurance Group's operating units have completed an insurance... -
NewsbriefsFREE MARKET TRADE USHERED IN
An agreement signed July 13 between the United States and Vietnam... -
Fraud RoundupWorking Hard, Hardly Working
William Elmer Carson of Fresno was recently arrested on insurance... -
Fraud RoundupHe Knee-ded to Tell the Truth
Jorge Benitez of Huntington Beach was arrested on June 9 on workers'... -
Fraud RoundupIf It Ain’t Broke, Don’t Fix It
Shahen Mirzayans, owner of Standard Auto Body Inc., was sentenced to... -
RatingsFive Star Upgraded
Irvine-based Five Star Insurance Company was assigned a rating of... -
RatingsAXA Group Affirmed
The "AA" long-term counterparty credit and insurer financial strength... -
RatingsSubsidiaries Under Review
The financial strength ratings of the insurance subsidiaries of... -
RatingsRoyal & Sun Alliance Affirmed
The "AA-" long-term counterparty credit and insurer financial...
