6/23/2009

Faced with the threat of large-scale CMBS downgrades by Standard & Poor's, insurance companies are looking into the possibility of relying on another rating agency. S&P downgrades could push many insurers into forced sales of the bonds, at the worst possible moment. One way out of the dilemma might be to persuade the National Association of Insurance Commissioners to accept ratings by competing rating agency Realpoint.

Full Story:
CRENews.com

Related Summaries