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Case Shows How 'Janitors Insurance' Works to Boost Employers' Earnings

Original publication date: 
Thursday, April 25, 2002 (All day)

How valuable is the business of managing what is known as "janitors insurance"?

One clue comes from a St. Louis court case, in which a financial-consulting firm won a $118 million jury verdict against Hartford Life Insurance Co., arguing that the insurance giant stole its method of administering these kinds of policies to smooth earnings.

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