article_snippet: Regulators in Delaware say Southport under Mr. Burns siphoned off millions of dollars of mainstream insurance holdings and swapped millions of dollars of mainstream insurance holdings with assets that are either over-valued or worthless.
article_snippet: Regulators seized control of the two main insurance companies last April.
article_snippet: Regulators in Delaware say Southport Lane Management under a painting Mr Burns siphoned off millions of dollars of mainstream insurance holdings and swapped millions of dollars of mainstream insurance holdings with assets that are either over-valued or worthless .
highlights_snippet: Regulators say Financier siphoned off millions of insurance holdings and swapped millions of insurance holdings with worthless assets .