XL Capital Ltd
(NYSE: XL) announced that its subsidiary, X.L. America, Inc., yesterday received a
subpoena from the Office of the Attorney General of New York, in connection
with an ongoing, industry-wide investigation of insurance sales practices.
The
Company intends to cooperate fully with the Attorney General's investigation.
As a matter of prudence, the Company had previously commenced its own internal
review of the issues raised in the Attorney General's recently announced
complaint against Marsh & McLennan.
XL Capital Ltd, through its operating subsidiaries, is a provid...
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