The article reports on the Aaa rating assigned by Moody's Investors Service Inc. to Berkshire Hathaway Assurance Corp. (BHAC) in the U.S. The rating is based on the backing of Columbia Insurance Co. which unconditionally supports the policies written by BHAC on or after March 31, 2008. ...
Reports on the decision of GE Capital Mortgage Insurance Corp. to move from being an AAA rated mortgage insurer to an AA rated one in the U.S. Benefits of United Guaranty's AAA rating; Comment of chief financial officer H.G. Waddell III; Possibility of a ratings cut....