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Zenith and Argonaut Downgraded

Saturday, May 27, 2000 | 0

In addition to State Fund (reported 05/25/00) A.M. Best Co. has also downgraded Zenith National Insurance Group and Argonaut Insurance Group from A+ (superior) to A excellent), stating the California workers' compensation market 'has exhibited tremendous financial volatility and greater market instability than any other property / casualty business segment'....

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