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OB), a leading nonstandard automobile insurer announce the closing of the sale of their crop operations, on June 6, 2001 to Acceptance Insurance Companies Inc.
First Acceptance Corporation (NYSE:FAC), whose insurance subsidiaries provide non-standard private passenger automobile insurance and operate in many states under the trade name "Acceptance Insurance", said today "it is not affiliated nor involved in any manner" with Iowa-based Acceptance Insurance Companies Inc.
June 1 /PRNewswire/ -- Acceptance Insurance Companies Inc.
March 10 /PRNewswire/ -- Acceptance Insurance Companies Inc.
These rating actions follow Acceptance's announcement on November 18, 2002, which cited significant underwriting and operating losses sustained in the third quarter of 2002, the resulting erosion in statutory surplus and the constrained financial flexibility of its publicly-traded parent company, Acceptance Insurance Companies Inc.
11 /PRNewswire/ -- Acceptance Insurance Companies Inc.
Entity/Issue/Type Action Rating/Outlook Acceptance Insurance Companies Inc.
28 /PRNewswire/ -- Acceptance Insurance Companies Inc.