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

    04/25/2002 6:58:10 AM PDT · by TroutStalker · 15 replies · 424+ views
    The Wall Street Journal ^ | Thursday, April 25, 2002 | THEO FRANCIS and ELLEN E. SCHULTZ
    <p>How valuable is the business of managing what is known as "janitors insurance"?</p> <p>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.</p>