Credit Ratings

Credit ratings (formal or implied) are utilized in order to gauge the financial strength and participation of Security Fund members. Moody’s, S&P, and Fitch ratings are used for public members with formal ratings while Moody’s CreditEdge implied ratings are used for public companies without formal ratings.

Private companies with no formal ratings are assigned implied ratings calculated by Moody’s RiskCalc 4.0.

The hierarchy in which the Security Fund takes formal ratings under consideration for assessment / participation purposes is outlined below:

**Hierarchy**
	Moody’s	S&P	Fitch
I.	Senior Unsecured	same	same
II.	LT Issuer Credit	same	LT Issuer Default
III.	LT Corporate Family / Other Unsecured	Other Unsecured	same

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Announcements

California Self-Insurers' Security Fund presents the 2023 Informational Meeting!

Each year we host an informational member meeting about the Fund’s size and composition, financial strength, assessment, default/claim activity, etc. All members are invited and encouraged to attend. This year's informational member meeting was held on May 15, 2023 at the Disneyland Hotel in the Monorail Room.

Credit Ratings

Upcoming Events

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Announcements

See the 2023 presentation here