Last month, Canadian regulators declared the Confederation Life Insurance Co. of

Authors

Source

Portland Press Herald

Date

10-1-1994

Pages

6C

Abstract

Last month, Canadian regulators declared the Confederation Life Insurance Co. of Toronto to be bankrupt. Although the company serviced about $11.5 million in annuity and life insurance business in Maine, Mainers will feel no immediate impact form the action because regulators severed the firms United States operation from that of the troubled parent. The American division has been placed into "rehabilitation." Details.

Subjects

Bankruptcy, Insurance companies

Recommended Citation

"Last month, Canadian regulators declared the Confederation Life Insurance Co. of" (1994). Maine News Index – Portland Press Herald. 15126.
https://digitalcommons.portlandlibrary.com/news_pph/15126