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Settlement to benefit Reciprocal creditors (access required)

ANLIR is party to separate pact

Virginia insurance regulators have reached a tentative settlement with General Reinsurance Corp. and others that could make the policyholders and general creditors of Reciprocal of America close to whole. “It’s not 100 percent, but it puts us pretty darned close,” said Patrick H. Cantilo, the Austin, Texas, lawyer who represents state Insurance Commissioner Alfred W. Gross ...

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