Old Republic Says Possibility of Liquidity Crisis is ‘Remote’

Old Republic International Corp. (ORI) said the possibility of a liquidity crisis is “remote” as the insurer grapples with losses as its mortgage guaranty business.

Chief Executive Aldo Zucaro made the comment on a conference call today held by the Chicago-based company.

To contact the reporter on this story: Steven Norton in New York at Snorton7@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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