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+ Follow FIRST INTEGRATED BONDING Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 182724 [Title] => IC orders liquidation of 7 insurers; 3 more lined up [Summary] => Seven non-life insurance companies has been ordered for liquidation while three more have been placed under receivership by the Insurance Commission (IC) for capital inadequacy and margin of solvency deficiency.
All nine firms were issued a cease and desist order (CDO) barring them from continuing business such as issuance of bonds, sale of non-life insurance products like fire insurance, motor or vehicle insurance.
[DatePublished] => 2002-11-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
FIRST INTEGRATED BONDING
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 182724 [Title] => IC orders liquidation of 7 insurers; 3 more lined up [Summary] => Seven non-life insurance companies has been ordered for liquidation while three more have been placed under receivership by the Insurance Commission (IC) for capital inadequacy and margin of solvency deficiency.
All nine firms were issued a cease and desist order (CDO) barring them from continuing business such as issuance of bonds, sale of non-life insurance products like fire insurance, motor or vehicle insurance.
[DatePublished] => 2002-11-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
abtest
By Ted P. Torres | November 5, 2002 - 12:00am
Recommended
The Insurance Commission has placed health maintenance organization Stotsenberg Healthcare Systems Inc.under conservatorship amid its inability to address requirements from the government.
1 day ago
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February 12, 2018
- 12:00 am
- 12:00 am
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