Article: Delaware Department of Insurance Rescinds Form A Request Letter to Stilwell Group - Acknowledges Department Employee Failed to Follow Statutory Hearing Procedures.

NEW YORK, June 8 /PRNewswire/ -- The Stilwell Group announced today its receipt of a letter from the Delaware Department of Insurance rescinding the Department's June 2nd letter concerning a subsidiary of SCPIE Holdings Inc. which had requested that the Group file a Form A in connection with its ongoing proxy solicitation. The Department confirmed Stilwell's belief that its disclaimer may only be disallowed after notice and an opportunity to be heard and noted that the June 2nd letter was sent by an employee without the knowledge or approval of the employee's supervisors. A copy of the letter follows. Mr. Stilwell noted: "The desperate attempt by SCPIE management ...

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