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November 09, 2004

Fla. AG Launches Widespread Anti-Trust Probe, 10 Subpoenas Issued

Florida Attorney General Charlie Crist has issued subpoenas seeking documents and records from 10 firms and anticipates sending six more subpoenas out next week as insurance industry investigations widen.

Crist is investigating arrangements between insurers and brokers commercial group accounts for property and casualty insurance, life and health policies. The investigation stems from a complaint from a Florida resident approximately two weeks ago.

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Posted by Tom Troceen