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LONDON (MarketWatch) -- The Treasury Department has decided to extend bailout funds to several struggling life insurance companies, according to a report in The Wall Street Journal. The extension of the Troubled Asset Relief Program is expected to be announced in the next several days, the newspaper reported. Keeping life insurers on solid footing is seen as crucial to maintaining confidence, the report said. If large numbers of customers sought to redeem their policies it could force firms to sell of bonds, real estate and other investments, causing another slump in markets it added. Only insurers that own federally chartered banks would qualify for the program, the Journal said. Several insurers, including Hartford Financial Services Group Inc. (HIG:hartford finl svcs group inc com
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