Tuesday, May 01, 2007
Regulatory Action 'Likely,' Insurer Says
The Hartford said Thursday that government action against the company is now 'likely' instead of just 'possible' in investigations of bid-rigging and steering of customers in the insurance industry.
The Hartford Financial Services Group Inc., in a quarterly federal filing, said the unspecified action is likely to be taken by the New York attorney general's office, or one or more other regulatory agencies, against the company or one or more of its employees. A previous filing had said action was 'possible.'
Regulatory Action 'Likely,' Insurer Says
Source: Topix.net
The Hartford Financial Services Group Inc., in a quarterly federal filing, said the unspecified action is likely to be taken by the New York attorney general's office, or one or more other regulatory agencies, against the company or one or more of its employees. A previous filing had said action was 'possible.'
Regulatory Action 'Likely,' Insurer Says
Source: Topix.net
Permalink posted by armandn @ 7:27 AM 
 |
 |  |
  |
