C.M. Meiers Defendants File ‘Scorched Earth’ Countersuit

By | June 5, 2012

  • June 6, 2012 at 5:03 pm
    Insurance Premiums says:
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    After reading this it does look like there might be a little buyer’s remorse.

    However, I do not understand the end of this article. If the premiums were paid and the new owners come in, how do they not pay the premiums to the company? Are they just letting insurance policies cancel for non payment? Is that ethical?

    If an audit confirms the out of trust does that mean that no premiums will be paid to an insruance company? And if the audit is conducted and there has to be a million infused into the company is the new owner going to put that money in or just leave the customers out there to be cancelled?

    I guess I am just curious as to what is going on if anyone knows.

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