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Insurance commissioners call for insurers to divest from Russia

March 22, 2022


Two US state insurance commissioners have issued bulletins urging insurance companies operating within their jurisdictions to withdraw all financial support for Russia.

California Insurance Commissioner Ricardo Lara and Georgia Insurance and Safety Fire Commissioner John F. King have each issued similar statements, calling for licensed insurance companies to distance themselves from the Moscow regime and hold Russian President Vladimir Putin accountable for the war with Ukraine.

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