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Old Republic International Corporation Message Board

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  • quantuon quantuon Jul 28, 2012 9:24 AM Flag

    CCI legal claims....

    look at 10k....these are home equity loans, which were and have been written since 1954 by ORICO or ORINSCO (i can't keep acronyms straight anymore).....they are "credit" insurance since I guess u can use proceeds for whatever...and we AMERICANS sure did!

    also.....look at May filing....ORINSCO dumped the liability to RCIC up to 155% but know ORIGENCO sold the stop-loss reinsurance to they managed that one, i do not know...if i were the regulators Id be all over that one......

    does anyone know anything about ORIGENCO? This is all I came up with....surplus of 250mn+

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