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SCPIE |
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More than four years of management efforts to dig out from an ambitious national expansion that went awry appears to be paying off for shareholders of SCPIE Holdings Inc. And while SCPIE officials are breathing easier, they still intend to appeal the award, because they believe it is unfair and -- if it is allowed to stand -- would dramatically alter the way insurers defend claims against their clients. Fitch also considered TDC's recent announcement that a definitive agreement was reached with SCPIE Holdings, Inc (SCPIE) to acquire SCPIE for $281 million. |
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