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It is a fact that watford have had some (or all?) of thier credit pulled by insurers.
This does not mean the end though and it is possible that watford are doing some restructuring and maybe dropping the less profitable parts of the business and focusing on others?
I remember not so long ago something similar (credit insurance pulled/reduced by Euler) happened to ebuyer and they are still around.
I do think that maybe Mr Jessa should respond directly to this information as it can only serve to loose the company business, its normally the rumours that snowball and force a company into financial trouble.
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