“Internal lapses”. This is similar to what happened to the Continental Insurance Company many many years ago. Someone in the New York office forgot to renew the reinsurance treaties, and a big hurricane hit Hawaii. That resulted in the CNA taking over Continental.
“Internal lapses”. This is similar to what happened to the Continental Insurance Company many many years ago. Someone in the New York office forgot to renew the reinsurance treaties, and a big hurricane hit Hawaii. That resulted in the CNA taking over Continental.