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Best’s News & Research Service subscription required - June 03, 2005 04:15 PM (EDT)

Customers of U.K.'s Failed Independent Insurance Get Update on Payouts

Since the 2001 failure of Independent Insurance Co. Ltd., the United Kingdom's Financial Services Compensation Scheme has paid policyholders 227 million pounds ($1= 0.55 pounds).

The . . .

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Property And Liability Insurers Liquidation Regulation Insolvency United Kingdom


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