Universal Insurance drags NAICOM to court

By Rosemary Iwunze Universal Insurance Plc has dragged the National Insurance Commission, NAICOM, to the Federal High Court, following the cancellation of the Company’s operating licence and the appointment of a Receiver/Manager by the Commission. In a statement signed by the Company Secretary of Universal Insurance, Mr. Chinedu Onyilimba, the insurer noted that the Court…