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People's Trust Insurance CEO suing his partner's widow for $4 million he says he overpaid in 201...

Apr 20, 2018 1:55:00 PM - sun-sentinel.com
People’s Trust Insurance lost $42 million in 2016, was recently in financial “shambles,” and was overvalued by more than $50 million when current President and CEO George W. Schaeffer agreed to buy half of the company from the widow of his late partner. Those claims surfaced in a memo that Schaeffer...

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