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                    [ArticleID] => 182188
                    [Title] => IC issues CDO against four insurance companies
                    [Summary] => The Insurance Commission (IC) has issued a cease and desist order (CDO) barring four non-life insurance companies from continued operations until they have met the minimum paid-up capital requirement imposed by the Department of Finance (DOF) last July.


Likewise, two non-life insurers stopped operations up to the end of 2003.


                    [DatePublished] => 2002-11-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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INVESTORS ASSURANCE CORP

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                    [Title] => IC issues CDO against four insurance companies
                    [Summary] => The Insurance Commission (IC) has issued a cease and desist order (CDO) barring four non-life insurance companies from continued operations until they have met the minimum paid-up capital requirement imposed by the Department of Finance (DOF) last July.


Likewise, two non-life insurers stopped operations up to the end of 2003.


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IC issues CDO against four insurance companies

By Ted P. Torres | November 1, 2002 - 12:00am

The Insurance Commission (IC) has issued a cease and desist order (CDO) barring four non-life insurance companies from continued operations until they have met the minimum paid-up capital requirement imposed by the...

Business