Fitch Ratings
http://www.fitchratings.com/Fitch Ratings is an international credit rating agency based in New York City and London. It is designated by the SEC as a Nationally Recognized Statistical Rating Organization (NRSRO). Fitch’s long-term credit ratings are set up along a scale from ‘AAA’ to ‘D’ and its short-term credit ratings range from ‘F1+’ to ‘D’. The firm was founded in 1913 by John Knowles Fitch.
Fitch Affirms and Withdraws Ratings of MAPFRE U.S.A Corp.
CHICAGO--(BUSINESS WIRE)-- Fitch Ratings has affirmed and withdrawn the 'BBB+' Issuer Default Rating (IDR) on MAPFRE U.S.A. Corp. (formerly Commerce Group Inc., a wholly owned subsidiary of Mapfre SA, and referred to hereafter as MUSA) and the 'BBB' rating on MUSA's senior unsecured notes. Fitch also has affirmed and withdrawn the 'A' Insurer Financial Strength (IFS) rating on MUSA's primary U.S. operating subsidiaries. At the time of the withdrawal the Rating Outlook was Negative. MAPFRE U.S.A. Corp. is no longer considered by Fitch to be relevant to the agency's coverage. ...
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