Saturday, November 29, 2008

DISPUTE RELATING TO REINSURANCE IN SALE OF INSURANCE COMPANY ...

Conseco Insurance Company sold two insurance subsidiaries to JC Penney, and under the terms of the sale Conseco retained a certain portion of contingent indemnity liability on policies issued prior to the sale.

www.reinsurancefocus.com/index.php?/archives/448-DISPUTE-RELATING-TO-REINSURANCE-IN-SALE-OF-INSURANCE-COMPANY-TRANSFERRED-TO-COURT-HEARING-RELATED-MATTER.html