TOKYO -- Sompo Japan Insurance announced Friday that President Giichi Shirakawa will step down over the company's handling of allegedly fraudulent insurance claims by major car dealer Bigmotor.
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Sompo Japan Insurance president to resign over Bigmotor scandal
Giichi Shirakawa criticized over handling of car dealer's alleged fraudulent claims
Sompo Japan Insurance President Giichi Shirakawa, left, announces his resignation at a news conference in Tokyo on Sept. 8. (Photo by Yuki Nakao)
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