| Title: | S&PCORRECT: California Auto Insurance Co. Rtgs Raised To 'A+'; Related Cos. Ratings Affirmed |
| Price: | $100.00 |
| Publication Date: | May 06, 2008 |
| Report Type: | News |
| Abstract: | NEW YORK (Standard&Poor's) May 6, 2008--Standard&Poor's Ratings Services said today it has raised its counterparty credit and financial strength ratings on California Automobile Insurance Co. (California Auto) to 'A+' from 'A'. At the same time, Standard&Poor's said it has affirmed its 'AA-' counterparty credit and financial strength ratings on Mercury Casualty Co. (Mercury Casualty) and Mercury Insurance Co. (Mercury Insurance) and its 'AA-' financial strength rating on Mercury Insurance Co. of Florida (collectively referred to as Mercury). In addition, Standard&Poor's affirmed its 'A-' counterparty credit and senior debt ratings on Mercury General Corp. California Auto is a strategically important entity to Mercury General. The outlook on all these companies is stable. "These |
| Brief Excerpt: | RESEARCH Ratings Definitions S&PCORRECT: California Auto Insurance Co. Rtgs Raised To '##'; Related Cos. Ratings Affirmed Publication date: ##-May-#### Primary Credit Analyst: Tracy Dolin, New York (#) ###-###-####; tracy_dolin@standardandpoors.com... |
| Word Count: | 755 |
| Ticker: | 10777Z |
| Issuer: | California Automobile Insurance Co. |
| GICS: | Property & Casualty Insurance (40301040) |
| Sector: | Global Issuers, Insurance |
| Country: | United States |
| Region: | United States |
| Format: | 
HTML
|
| Free Sample: |
Click
Here
to Download
|
Looking For Something Else?
