Canada’s Fairfax Financial Holdings Limited has announced that its subsidiary, Fairmont Specialty Group, has received a subpoena from the Securities and Exchange Commission requesting documents regarding “any non-traditional insurance product transactions entered into by Fairmont with General Re Corporation or affiliates thereof.”
The brief announcement said “Fairmont is cooperating with that request.”
Was this article valuable?
Here are more articles you may enjoy.
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
The $10 Trillion Fight: Modeling a US-China War Over Taiwan 
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’ 
CFC Owners Said to Tap Banks for Sale, IPO of £5 Billion Insurer 
