Ratings Roundup: Allstate (bank), Queen City, Sutter, Auto Club (Michigan) - Surety Bond Forums

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02-11-2011, 04:19 AM

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Ratings Roundup: Allstate (bank), Queen City, Sutter, Auto Club (Michigan)

Standard & Poor’s Ratings Services announced that its ratings on Allstate Corp. (A-/Stable/A-2) and its operating subsidiaries “are not affected by the announcement that Allstate is exiting the banking business. As part of this transaction, approximately $1 billion in the …

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