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Table: Paul Yorke Wade's Troubled Clients


Finance: INSURANCE

TABLE: Paul Yorke-Wade's Troubled Clients

CLIENT

VICTORIA INSURANCE

Licensed in the state of Georgia in 1987

BUSINESS

Property and casualty insurance, including disability insurance for

professional athletes.

ACTIONS

Placed in receivership by Georgia in 1988. $20 million in still unpaid claims.

CLIENT

GLOBAL INSURANCE

Registered in Montevideo, Uruguay

BUSINESS

Specialty property and liability insurance lines.

ACTIONS

Cease and desist orders issued in several states. Many lawsuits allege

nonpayment of claims.

CLIENT

AZTECA INSURANCES

Registered at Global's address

BUSINESS

Reinsurance.

ACTION

Cease and desist orders issued in several states.

CLIENT

DAI ICHI KYOTO REINSURANCE

Registered in Brussels, Belgium

BUSINESS

Reinsurance, including coverage for European auto racing teams.

ACTION

Under investigation by Belgian authorities.

DATA: COMPANY FINANCIAL DOCUMENTS, INTERNATIONAL INSURANCE REGULATORY

AUTHORITES, NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS


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