Hello, meron nga palang circular from Insurance commission (dated march 3, 2005) about insurance companies with cease and desist order (CDO), some as early as 1990:
First Integrated Bonding a& Surety Company, Inc. (CDO: Sept 5, 1990)
TICO Insurance Company
The Imperial Insurance
Luzon Insurance & Surety Comapny, Inc.
First Quezon City Insurance Company
Times Surety & Insurance Company Inc
Wellington Insurance Company Inc
The Capital Insurance & Surety Company, Inc.
Mantruste Insurance Corporation
Zenith Insurance Corporation
Development Insurance & Surety Corporation
Mega Pacific Insurance Corporation (latest: CDO: Dec 6, 2004)
Sabi kasi sa circular, "despite the issuance of CDO's... some are still issuing policies, especially in the provinces"...
So ingat na rin... please forward to realtives and friends in the provoinces. Thanks!
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