Rating Agencies
S&P’s New Insurance Criteria Released; Method Would Have Spotted AIG’s Past Problems
Incorporating lessons learned from historical periods for industry stress, including the near-failure of American International Group, Standard & Poor's published a revised rating methodology for ...
Rate Hikes Likely If Terror Insurance Act Not Renewed: Fitch
Failure to renew the Terrorism Risk Insurance Act (TRIA) could induce commercial insurers to retreat from larger metropolitan areas, reducing availability of coverage and raising premium rates, Fitch ...AIG Restructuring Successful, P/C Subs Now A-Plus: S&P
The restructuring that reshaped American International Group over the past two years has been successful in the opinion of analysts for Standard & Poor's, who boosted the rating for AIG's the ...
Moody’s, S&P Settle Lawsuits Over Debt Vehicle Ratings
Moody's Investors Service and Standard & Poor's on Friday said they have settled two long-running lawsuits seeking to hold them responsible for misleading investors about the safety of risky debt ...S&P Asks Federal Judge To Dismiss U.S. Fraud Lawsuit
Standard & Poor's asked a federal judge on Monday to dismiss a U.S. Justice Department civil suit against the rating agency, arguing the government's case is based on vague statements that cannot ...A.M. Best Affirms Meadowbrook Ratings, But Outlook Negative
On Friday, A.M. Best Co. announced that the rating agency removed the "under review" status of "A-minus" financial strength ratings for Meadowbrook Insurance Group and its subsidiaries. The status of ...Moody’s Affirms China Rating, Lowers Outlook After Fitch Downgrade
Moody's Investors Service on Tuesday affirmed China's government's bond rating of Aa3 but cut the outlook to stable from positive, the second pessimistic revision by a foreign ratings agency this ...
Moody’s Still Sees Negative Outlook For Most U.S. State, Local Governments
Moody's Investors Service said on Tuesday that most U.S. public finance sectors, such as state and local governments, still face a negative outlook and will likely continue to do so until fiscal and ...