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Shurely Shome Mishtake! Clarendon Insurance Group’s questionable regulatory disclosures

Annual statements filed with regulators by Clarendon National Insurance Company are becoming increasingly confusing, not to mention inaccurate in places.
Take, for example, its 1996 filing with the New Jersey State Insurance Department, the home regulator for this operating arm of a group that has subsidiaries in Bermuda and the US.