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                    [ArticleID] => 888351
                    [Title] => 32 insurers in financial trouble – IC
                    [Summary] => 
The Insurance Commission (IC) said 32 life, non-life and insurance firms and mutual benefit association (MBA) companies are presently under various stages of conservatorship, receivership or for liquidation.

                    [DatePublished] => 2012-12-21 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 826140
                    [Title] => Penetration of retail market still low, says Pioneer Insurance
                    [Summary] => 
The challenge of the country’s non-life insurance industry is penetrating the retail market. 
                    [DatePublished] => 2012-07-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
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                    [ArticleID] => 176339
                    [Title] => Non-life insurers get ultimatum
                    [Summary] => The Insurance Commission (IC) has ordered non-life companies to pay bonds claims of several oil companies, or else.


In a series of meetings held yesterday, IC Commissioner Eduardo T. Malinis ordered Wellington Insurance Co., Development Insurance & Surety Corp., and Security Pacific Assurance Corp. to pay their bond claims or risk penalties including the suspension of their certificate of authority to operate (CA).


"They should pay the claims immediately and then go after their principal," Malinis ordered.


                    [DatePublished] => 2002-09-17 00:00:00
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SURETY CORP

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                    [Title] => 32 insurers in financial trouble – IC
                    [Summary] => 
The Insurance Commission (IC) said 32 life, non-life and insurance firms and mutual benefit association (MBA) companies are presently under various stages of conservatorship, receivership or for liquidation.

                    [DatePublished] => 2012-12-21 00:00:00
                    [ColumnID] => 0
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                    [ArticleID] => 826140
                    [Title] => Penetration of retail market still low, says Pioneer Insurance
                    [Summary] => 
The challenge of the country’s non-life insurance industry is penetrating the retail market. 
                    [DatePublished] => 2012-07-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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                )

            [2] => Array
                (
                    [ArticleID] => 176339
                    [Title] => Non-life insurers get ultimatum
                    [Summary] => The Insurance Commission (IC) has ordered non-life companies to pay bonds claims of several oil companies, or else.


In a series of meetings held yesterday, IC Commissioner Eduardo T. Malinis ordered Wellington Insurance Co., Development Insurance & Surety Corp., and Security Pacific Assurance Corp. to pay their bond claims or risk penalties including the suspension of their certificate of authority to operate (CA).


"They should pay the claims immediately and then go after their principal," Malinis ordered.


                    [DatePublished] => 2002-09-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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abtest

32 insurers in financial trouble – IC

By Ted P. Torres | December 21, 2012 - 12:00am

The Insurance Commission (IC) said 32 life, non-life and insurance firms and mutual benefit association (MBA) companies are presently under various stages of conservatorship, receivership or for liquidation.

Business

Penetration of retail market still low, says Pioneer Insurance

By Ted P. Torres | July 10, 2012 - 12:00am

The challenge of the country’s non-life insurance industry is penetrating the retail market. 

Banking

Non-life insurers get ultimatum

September 17, 2002 - 12:00am

The Insurance Commission (IC) has ordered non-life companies to pay bonds claims of several oil companies, or else. In a series of meetings held yesterday, IC Commissioner Eduardo T. Malinis ordered Wellington Insurance...

Banking