COMPANY	RATING	COMPANY	RATING
A.I.G SPECIALTY	A++	NATIONAL UNION FIRE INS. CO.	A++
AMERICAN HOME ASSURANCE CO.	A++	NEW HAMPSHIRE INSURANCE CO.	A++
AMERICAN INT'L UNDERWRITERS	A++	OHIO CASUALITY GROUP	A-
AMERICAN NATIONAL FIRE	A++	ARCH CAPITOL GROUP	A-
AMERICAN ZURICH INSURANCE	A	OTSEGO MUTUAL FIRE INS. CO.	A+
CHUBBS & SONS, INC.	A++	PARAMOUNT INSURANCE CO.	B++
CLARENDON NATIONAL INS. CO.	A	PENN LUMBERMENS INSURANCE CO.	A-
C.N.A. PRO	A	PUBLIC SERVICE MUTUAL INS. CO.	B++
COMMERCE & INDUSTRY	A++	QBE INT'L INSURANCE CO.	A-
EVANSTON INSURANCE CO.	A	LIBERTY INT'L GROUP	A
FIREMANS FUND INS CO / McGEE	A	SCOTTSDALE INSURANCE CO.	A+
FIRST REHABILITATION INS CO.	A-	TRAVELERS INSURANCE GROUP	A++
GENERAL SECURITY INSURANCE CO.	A-	U.S.F INSURANCE CO.	A-
GREAT AMERICAN INSURANCE CO.	A	U.S. LIABILITY INSURANCE CO.	A++
GREAT AMERICAN E&S - SPECIALTY	A	U.S. UNDERWRITERS INS. CO.	A++
GREENWICH INSURANCE CO.	A+	UNDERWRITERS AT LLOYDS	A
GULF INSURANCE CO.	A+	WESTCHESTER FIRE INSURANCE CO.	A
HARTFORD INSURANCE GROUP	A+	NY MARINE & GENERAL	A
HARTFORD STEAM BOILER	A+	ZURICH SPECIALTY	A
SIRIUS AMERICAN INSURANCE CO.	A	HUDSON INSURANCE COMPANY	A
INDIAN HARBOR INSURANCE	A+	AMERICAN EMPIRE INSURANCE	A
INVESTORS INSURANCE CO.	A-	TOWER INSURANCE GROUP	A-
LANCER INSURANCE CO.	A-	MAGNA CARTA / PUBLIC SERVICE	B++
LANDMARK INSURANCE CO.	A++	ILLINIOS UNION INSURANCE CO.	A
LEXINGTON INSURANCE CO.	A++	SENECA INSURANCE COMPANY	A-
MOUNT VERNON FIRE INS. CO.	A++	WESTERN SURETY / CAN	A+
NATIONAL CASUALITY INC. CO.	A+