Connecticut's attorney general said yesterday his office had issued 20 subpoenas as part of an investigation into the reinsurance industry.
Richard Blumenthal told NU Online News Service that the ongoing investigation involved “certain anticompetitive practices in the reinsurance industry.”
The Hartford Financial Services Group disclosed in a regulatory filing yesterday that it had received one of the subpoenas. The others have been issued to “other reinsurance companies,” Mr. Blumenthal said.
He declined to identify the other companies and said the 20 subpoena figure could include multiple subpoenas at the same company.
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