Delaware officials have filed an order that approves the sale of U.K.-based Royal & SunAlliance's U.S. operation, including language aimed at protecting the interests of the World Trade Center developer and other policyholders.

The approval action by Delaware Insurance Commissioner Matthew Denn came yesterday. In his order, Mr. Denn said Royal U.K. must submit to the personal jurisdiction of Delaware courts to resolve any claims brought by policyholders. Also, the parent company must submit to the authority of the insurance department regarding claims disputes.

Silverstein Group, which leased the Twin Tower complex shortly before it was destroyed on Sept. 11, 2001, has said the purchased unit, which is to be called Arrowpoint, would not have the money to pay what it owes them.

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