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The Insurance Commission (IC) said 32 life, non-life and insurance firms and mutual benefit association (MBA) companies are presently under various stages of conservatorship, receivership or for liquidation.

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ALGEN INSURANCE CORP

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The Insurance Commission (IC) said 32 life, non-life and insurance firms and mutual benefit association (MBA) companies are presently under various stages of conservatorship, receivership or for liquidation.

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32 insurers in financial trouble – IC

By Ted P. Torres | December 21, 2012 - 12:00am

The Insurance Commission (IC) said 32 life, non-life and insurance firms and mutual benefit association (MBA) companies are presently under various stages of conservatorship, receivership or for liquidation.

Business