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Old Republic International Corporation Message Board

  • paidbasher38291 paidbasher38291 Nov 20, 2011 4:37 PM Flag

    let's get this straight

    ori wants to walk away from supporting rmic any further, wants the ncdoi to run rmic in runoff, but wants to keep ownership of rmic (for the sole purpose of avoiding breaching their debt covenants), and the ncdoi should go along with this why?, if they put rmic into receivership, not only are policyholders no worse off, but they can send an important message to genworth, who is also refusing to support their mi company, the ncdoi would have to be fools to accept ori's proposal

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