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.
AI Models May Soon Self-Replicate Across Smart-Home Devices, Anthropic Warns 
Hordes of Teens on E-Bikes Force Suburbs to Rewrite Road Rules 
KCC Says Isaias Insured Losses to Be $3 Billion; AM Best Calls Storm an Earnings Event 
NYC Restaurants Shut Off Air Conditioning, Close on Sundays as Costs Surge 
