Tag: Fitch Group

New insurance agent enhances Champion Realty’s insurance arm

New insurance agent enhances Champion Realty’s insurance arm

| August 29, 2015 | 1 Comment

Champion Realty’s new Property & Casualty Insurance Agent brings a wealth of experience in both personal coverage and home finance, to the agency’s insurance arm. Lisa Allen has over 12 years of multiline insurance experience. Before she began her career in insurance she spent seven years in banking, generating home equity loans and advising clients about banking and […]

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Annapolis maintains AA+ bond rating

Annapolis maintains AA+ bond rating

| May 13, 2014 | 1 Comment

Annapolis Mayor Michael Pantelides announced that the City maintained their AA+ rating from Fitch rating agency and the outlook was upgraded to Stable. Fitch affirmed the AA+ rating and revised the outlook from Negative to Stable, citing continued management action to improve the city’s structural position, enhanced revenues, decreased spending, and execution of its plan […]

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Fitch Downgrades Annapolis From Stable To Negative

Fitch Downgrades Annapolis From Stable To Negative

| May 13, 2013 | 0 Comments

From a Reuters repot earlier today: Fitch Ratings on Monday said it revised Annapolis, Maryland’s rating outlook to negative from stable, citing concerns about the city’s problems balancing its budget. Fitch said it is concerned over the city’s “uneven operating performance, continued reliance on inter-fund transfers and significant underfunding of the actuarial required contribution for […]

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Bond Agencies Say Annapolis Is ‘Stable’

Bond Agencies Say Annapolis Is ‘Stable’

| June 23, 2012 | 0 Comments

Mayor Joshua J. Cohen announced that all three of the major bond ratings agencies have released a stable outlook for $17.7 million of new general obligation bonds while also assigning the same rating and outlook to the City’s refunding authorization. The City is pursuing the authorization to take advantage of lower interest rates. Currently, the […]

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