Fairfax Financial Holdings Limited announced Friday 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 Corp. or affiliates.
Fairmont is cooperating with that request.
Fairmont Insurance, based in Houston, writes specialty niche property and casualty and accident and health insurance. In 2004, Fairmont's net premiums written were $166.4 million. At the end of 2004, Fairmont had combined capital of $168.7 mill...
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