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	<title>Tower Group Archives - Claims Journal</title>
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		<title>After 78% Stock Plunge Tower to be Bought by Amtrust</title>
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						<pubDate>Mon, 06 Jan 2014 15:03:55 +0000</pubDate>
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		<category><![CDATA[Amtrust]]></category>
		<category><![CDATA[business moves]]></category>
		<category><![CDATA[claims reserves]]></category>
		<category><![CDATA[Tower Group]]></category>
		<category><![CDATA[workers' compensation]]></category>
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							<description><![CDATA[Tower Group International Ltd., the insurer that plunged last year amid reserve shortfalls, arranged to get a lifeline from AmTrust Financial Services Inc. Tower will be bought for about $172.1 million, or $3 a share by a reinsurer controlled by &#8230;]]></description>
				
		
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