They were later angered to learn that the group's former managing director Mark Langford and his wife Debbie had been living off the millions taken in dividends out of The Accident Group before its collapse.
What does TAG stand for?
TAG stands for The Accident Group (insurance)
This definition appears very rarely and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of TAG
We have 465 other meanings of TAG in our Acronym Attic
- Tennessee, Alabama, and Georgia Railway Company
- Test Advisory Group
- Test Aerosol Generator
- Test Analysis Group
- Test Automation Group
- Tested and Guaranteed
- Texans for Accountable Government (political action committee)
- Text and Graphics
- Thalassemia Action Group
- The Accelerator Group (various locations)
Samples in periodicals archive:
Multi-millionaire Mark Langford, 42, founded personal injury firm The Accident Group, which collapsed in May 2003 with debts of around pounds 100m.
Mark Langford founded The Accident Group, which folded in 2003 with debts of pounds 100m.
The only redeeming feature this time is that staff were told at mass meetings rather than receiving a stark text message as happened when the Accident Group closed.
Collapsed personal injury claims firm The Accident Group owed more than pounds 100m to former staff and other creditors, it emerged yesterday.
Mr Thornton said that firms like the Accident Group were a relatively new phenomenon in the legal world.
Manchester-based Tag, The Accident Group, was set up 10 years ago to help customers receive compensation for injuries suffered in accidents.
Additionally, the syndicate has experienced deterioration in its cargo account, the need for reserve strengthening for contingent cost insurance (following a change in accounting treatment as advised by auditors) and has announced exposure to legal expenses losses from policyholders of The Accident Group.