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Rating:Allmerica Acknowledges SEC Probe Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, November 15, 2002

Allmerica Acknowledges SEC Probe

by: Sean Hanna, Editor in Chief

Allmerica confirmed that the SEC is looking into its public disclosures of its variable annuity and variable life businesses.

The informal inquiry was acknolowledge in an SEC filing yesterday. The Worcester, Mass.-based insurer has suspended sales of all of its life insurance products, including its variable annuities. It will continue to sell property and casualty policies. 

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