SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 411.93-0.4%Dec 24 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: KyrosL who wrote (29454)2/14/2008 3:03:18 PM
From: Elroy Jetson  Read Replies (1) of 218705
 
Absolutely. It's very easy. Each insurance line is a separate subsidiary.

Regulators have the power to void and prohibit the transfer of funds from solvent subsidiaries to bail out an insolvent parent or sister companies, when these transfers could damage the interests of the insured.

This has occurred frequently with life insurance firms, such as when Conseco filed for bankruptcy. The Conseco insurance subsidiaries were prohibited from bailing out the parent corp.
.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News