Fiscal Fitness

November 2008
Best's Review;Nov2008 Guide to Understanding Insu, p11
Trade Publication
The article reports on the insolvency and bankruptcy in insurance companies in the U.S. It is stated that when the insurance company become insolvent, the consequences can be dire for policyholders with outstanding claims against a failed company. The regulatory response to an insurer's financial impairment is to place the company under supervision or take other action to conserve the assets.


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