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Fla. Sues Insolvent Insurer's Officers Over Mismanagement

By Carolina Bolado (February 24, 2015, 7:32 PM EST) -- The Florida Department of Financial Services on Monday sued the directors and officers of insolvent Aequicap Insurance Co. for allegedly mismanaging the company, hiding its financial crisis from state regulators and costing the state more than $119 million....

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