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CALABASAS, CA / ACCESSWIRE / June 8, 2023 / Unico American Corporation (the "Company") announced that the Insurance Commissioner of the State of California (the "Commissioner") was appointed Conservator of its principal and only operating subsidiary, Crusader Insurance Company ("Crusader"), on June 7, 2023.The Superior Court of California, Los Angeles County, Department 32 (the "Court"), entered an order (the "Order") appointing the Commissioner as Conservator (the "Conservator"). The Order was entered after consideration of the application in which the Commissioner asserted that Crusader is in a hazardous financial condition and that its continued business will be hazardous to its policyhol
CALABASAS, CA / ACCESSWIRE / June 2, 2023 / Unico American Corporation (the "Company") announced that the Company was notified on June 1, 2023 that the Insurance Commissioner of the State of California (the "Commissioner") filed a Verified Petition For Order Appointing the Insurance Commissioner as the Conservator of the principal operating subsidiary of the Company, Crusader Insurance Company ("Crusader"), on May 31, 2023 (the "Petition"). Crusader is a California insurance company and its principal regulator is the Commissioner.The Petition was filed with the Superior Court of California, Los Angeles County, Central District (the "Court"). The Petition is the first step of actions by the C
CALABASAS, CA / ACCESSWIRE / May 25, 2023 / Unico American Corporation (NASDAQ:UNAM) ("Unico" or the "Company") filed a Current Report on Form 8-K with the Securities and Exchange Commission (the "SEC") announcing the Company's receipt of an additional notice (the "Additional Notice") from Nasdaq notifying the Company that, because its Quarterly Report on Form 10-Q for the period ended March 31, 2023 (the "Form 10-Q") had not been filed with the SEC by the required due date, the Company is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) (the "Rule"). Today the Company issued a press release concerning its receipt of th
8-K - UNICO AMERICAN CORP (0000100716) (Filer)
8-K - UNICO AMERICAN CORP (0000100716) (Filer)
8-K - UNICO AMERICAN CORP (0000100716) (Filer)
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has commented that the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” of Crusader Insurance Company are unchanged by the recent announcement regarding the appointment of Michael Budnitsky, on an interim basis, to the positions of president and CEO, effective Feb. 11, 2021. Concurrently, the Long-Term ICR of “bb” of Unico American Corporation (Unico) [NASDAQ: UNAM] remains unchanged. The outlook of these Credit Ratings (ratings) is negative. All companies are headquartered in Calabasas, CA. AM Best acknowledges Mr. Budnitsky’s extensive industry experience and history at Crusader, having
3 - UNICO AMERICAN CORP (0000100716) (Issuer)
3 - UNICO AMERICAN CORP (0000100716) (Issuer)
3 - UNICO AMERICAN CORP (0000100716) (Issuer)
Unico American Corporation (NASDAQ:UNAM) ("Unico" or the "Company") announced today that its press release issued under the headline "UNICO AMERICAN CORPORATION Receives Notification From Nasdaq Related To Delayed ANNUAL Report on Form 10-K" on May 24, 2022, included certain errors. The corrected headline and press release is set forth in its entirety below.Unico American CORPORATION Receives Notification From Nasdaq Related to Delayed QUARTERLY Report on Form 10-QCALABASAS, CA / ACCESSWIRE / May 25, 2022 / On May 24, 2022, Unico American Corporation (NASDAQ:UNAM) ("Unico" or the "Company") filed a Current Report on Form 8-K with the Securities and Exchange Commission (the "SEC") announcing
CALABASAS, CA / ACCESSWIRE / April 11, 2022 / On April 6, 2022, Unico American Corporation (NASDAQ:UNAM) ("Unico" or the "Company") filed a Current Report on Form 8-K with the Securities and Exchange Commission (the "SEC") announcing the Company's receipt of a notice (the "Notice") from Nasdaq notifying the Company that, because its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 (the "Form 10-K") had not been filed with the SEC by the required due date of March 31, 2022, the Company is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) (the "Rule"). Today the Company issued a press release concerni
CALABASAS, CA / ACCESSWIRE / November 26, 2021 / On November 23, 2021, Unico American Corporation (NASDAQ:UNAM) ("Unico" or the "Company") filed a Current Report on Form 8-K with the Securities and Exchange Commission (the "SEC") announcing the Company's receipt of a notice (the "Notice") from Nasdaq notifying the Company that, because its Form 10-Q for the period ended September 30, 2021 (the "September 10-Q") had not been filed with the SEC by the required due date of November 15, 2021, the Company is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) (the "Rule"). Today the Company issued a press release concerning its
SC 13G/A - UNICO AMERICAN CORP (0000100716) (Subject)
SC 13G/A - UNICO AMERICAN CORP (0000100716) (Subject)
SC 13G/A - UNICO AMERICAN CORP (0000100716) (Subject)