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Citizens policies quietly shift to low-rated firms - St. Petersburg Times Over the past three years, the state has quietly reduced the number of homeowner policies in Citizens Property Insurance by almost 800,000, delivering many of them to startup insurers with poor financial ratings. Efforts to decrease the number of ...
- www.startribune.com
Circuit City seeks bankruptcy protection amid pressure from vendors ... - Minneapolis Star Tribune (The company's biggest creditors are its vendors: Hewlett-Packard has a $118.8 million claim followed by Samsung ($115.9 million), Sony … read more ($60 million), Zenith ($41.2 million), Toshiba ($17.9 million) and others. Smaller creditors include ...
- www.earthtimes.org
Fitch Downgrades Hartford Financial's IDR to 'A'; Outlook Negative - Earthtimes --Commercial paper affirmed at 'F1'. --Junior subordinated debentures purchased by Allianz SE assigned at 'BBB+'. Fitch has also downgraded the insurer financial strength (IFS) ratings of HFSG's primary life and property/casualty insurance ...
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Schwarzenegger’s budget proposals at a glance (Las Vegas Sun) Thu, Nov 6, 2008 (5:33 p.m.) Details of Gov. Arnold Schwarzenegger's proposal to close a state budget deficit estimated at $11.2 billion through the fiscal year that ends June 30. The plan is being considered by lawmakers during a special legislative session that will last through the month.
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