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Friday, November 15, 2002|
Allmerica Acknowledges SEC Probe
Allmerica confirmed that the SEC is looking into its public disclosures of its variable annuity and variable life businesses.
The informal inquiry was acknolowledge in an SEC filing yesterday. The Worcester, Mass.-based insurer has suspended sales of all of its life insurance products, including its variable annuities. It will continue to sell property and casualty policies.
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