CLICO Facing Threats of Legal Action by PolicyHolders; Company Received 20 Legal Letters

http://www.caribbeanpressreleases.com/articles/6533/1/CLICO-Facing-Threats-of-Legal-Action-by-PolicyHolders-Company-Received-20-Legal-Letters/Page1.html

S Coward

By S Coward

Published on 25-Mar-10

Port-of-Spain -- March 25, 2010 -- Finance Director of Clico, Carolyn John, yesterday confirmed that the ailing financial company has been sent a total of 20 legal letters warning of litigation if policyholders are not paid their money after closing their accounts in the wake of the Clico/CL Financial totter.