West News • April 14
“The taxpayers of California will ultimately face the financial consequences should the SCIF be in financial trouble or fail. There is no excuse for SCIF not having an A.M. Best rating. Rather than being blindsided by a multi billion financial failure of SCIF, A.M. Best should be allowed to calculate a rating and give the regulators and the public the opportunity to clearly understand the ongoing financial strength of their operations. A.M. best needs to rate SCIF on an ongoing basis so that all concerned can monitor and correctly manage this potential crisis.”
— Wes Thew, Flagstaff, Ariz.
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI
Trump Approves Disaster Requests for at Least 7 States; Others Wait
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It
Wall Street Banks Try Out Anthropic’s Mythos 


