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has commented that the financial strength rating of A (Excellent) and issuer credit rating of "a" of Nevada General Insurance Company (NGIC) (Las Vegas, NV) are unchanged following the announcement of Mutual of Enumclaw Insurance Company's (MOE) (Enumclaw, WA) signing of a definitive agreement to purchase 100% of the stock of Chicago-Vegas Holdings Limited Partnership (CVHLP), which owns 100% of the stock of NGIC.
10, 2002 Applied Systems(R), a leading automation solutions provider for the property and casualty insurance industry, is pleased to announce that Nevada General Insurance Company has chosen Applied's PC-based policy processing solution, the Diamond System.