NU Online News Service, May 17, 3:20 p.m. EDT
The list of insurance companies agreeing to forgo Iran-linked investments is growing, with more than 75 percent of insurers licensed to do business in California agreeing to refrain from future investing, but some big names have not complied.
California Insurance Commissioner Steve Poizner said recently that 1,010 insurance companies have agreed not to make investments in 50 companies identified as doing business in Iran's oil and natural gas, nuclear and defense sectors.
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