This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

Best's News

Best’s News & Research Service subscription required - November 08, 2000 04:26 PM (EST)

Regulators Say $18 Million Was Diverted From Credit General

Ohio Insurance Director Lee Covington said as much as $18 million in funds may have been diverted from Credit General Insurance Co. over 10 years.

The Ohio Department of Insurance has placed . . .

-- This content requires a subscription --

Already a Subscriber?

Log in Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

BestDay
Best's News
Best's Review
Best's Research
Best's Special Reports & Commentaries
Best's Rankings
and more...

Receive emails featuring AM Best's news and research
Opt-in

Reprints & Redistribution

Latest News

CATASTROPHES
Aon: Cyclone Alfred Losses of Hundreds of Millions of Australian Dollars Likely
Mar 11, 2025 04:44 PM (EDT)

MANAGING GENERAL AGENT
PIB Group Acquires Litigation Insurance MGA Litica in Expansion of Its MGA Division
Mar 11, 2025 04:02 PM (EDT)

CYBER LIABILITY
AM Best: Softening Cyber Insurance Market Faces Digital Supply Chain Risks
Mar 11, 2025 03:51 PM (EDT)

FLORIDA
Florida Lawmakers Taking Another Run at Repealing No-Fault Auto Laws
Mar 11, 2025 03:40 PM (EDT)

LIFE AND ANNUITY INSURERS
Nationwide Financial Head: Financial Services Planning Shifting to Pension-Like Streams
Mar 11, 2025 03:24 PM (EDT)

More from Best’s News

Trending

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

SPECIAL REPORT
Best’s Market Segment Report: US Life/Annuity Insurers to Experience Modest Growth, While Net Income Returns to Pre-Pandemic Levels
Mar 11, 2025 08:28 AM (EDT)

3

FEDERAL REGULATION
Travelers Wants Shareholder Request for More on Homeowners Future Kept Out of Proxy Materials
Mar 10, 2025 04:37 PM (EDT)

4

MONTANA
Montana Senate Passes Bill Requiring Auto Insurers to Follow OEM Repair Instructions
Mar 07, 2025 04:04 PM (EST)

5

PRESS RELEASE
AM Best to Present Latest Algiers Insurance and Reinsurance Trends at Upcoming Briefing
Mar 11, 2025 07:42 AM (EDT)

1

AM Best Affirms Credit Ratings of Securian Financial Group, Inc. and Its Subsidiaries
Dec 18, 2020 10:22 AM (EST)

2

A.M. Best Affirms Rating of Equitable Life of Canada
Jun 13, 2002 12:00 AM (EDT)

3

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

4

EARNINGS
CEO: Liberty Mutual Underwriting Around States With High Rates of Legal System Abuse
Mar 06, 2025 03:51 PM (EST)

5

FLORIDA
Florida House Investigating Reports That Insurers Hid Profits While Claiming Losses
Mar 04, 2025 04:36 PM (EST)

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

A.M. Best Affirms Rating of Equitable Life of Canada
Jun 13, 2002 12:00 AM (EDT)

3

AM Best Affirms Credit Ratings of Securian Financial Group, Inc. and Its Subsidiaries
Dec 18, 2020 10:22 AM (EST)

4

BEST'S CREDIT RATING ACTION
AM Best Places Credit Ratings of Sutton National Group’s Members Under Review With Negative Implications
Nov 16, 2023 01:38 PM (EST)

5

CALIFORNIA
California OKs $1 Billion Assessment on Property Insurers to Help Keep California FAIR Plan Afloat
Feb 11, 2025 08:50 PM (EST)

1

MODEL LAWS
Home Hardening Programs, Litigation Funding Transparency Among NCOIL’s New Model Laws
Jan 15, 2025 04:46 PM (EST)

2

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

3

BEST'S CREDIT RATING ACTION
AM Best Places Credit Ratings of Sutton National Group’s Members Under Review With Negative Implications
Nov 16, 2023 01:38 PM (EST)

4

AM Best Affirms Credit Ratings of Securian Financial Group, Inc. and Its Subsidiaries
Dec 18, 2020 10:22 AM (EST)

5

A.M. Best Affirms Rating of Equitable Life of Canada
Jun 13, 2002 12:00 AM (EDT)

AM Best TV

Related Companies

AMB#	Company Name
011341	Credit General Indemnity Company
003180	Credit General Insurance Company

Ohio Sues Insolvent Credit General's Officers, Directors
Jan 16, 2002 12:00 AM (EST)

Ohio Regulator Sues Accounting Firm Over Credit General's Demise
Oct 31, 2001 12:00 AM (EST)

Attorney Calls Lawsuit Against Credit General by Ohio Regulators a 'Sham'
Jun 18, 2001 12:00 AM (EDT)

Ohio to Liquidate Credit General
Jan 08, 2001 12:00 AM (EST)

Amtrust Financial to Buy Credit General
Nov 28, 2000 12:00 AM (EST)

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html