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New Mexico Regulator: Applied Underwriters Sale Is Valid, Despite California Conservation Order

(Updated with California’s response in the ninth paragraph.) New Mexico’s insurance regulator is defending a merger and redomestication of a unit of Applied Underwriters, setting up a standoff . . .

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AMB#	Company Name
014353	Applied Underwriters Captive Risk Assur
002637	California Insurance Company
078531	California Insurance Company, Limited

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