Judge OKs Return Of Reserve Funds Under Assumption Reinsurance Agreement
Mealey's (July 26, 2016, 9:46 AM EDT) -- CHICAGO — An Illinois judge on July 22 approved the return of nearly $4 million Canadian to the Lumbermens Mutual Casualty Co.’s liquidation estate that was held by a Canadian insurer that had been paying certain claims and obligation of Lumbermens’ in Canada (People of the State of Illinois, ex rel. Andrew Boron, Director of Insurance of the State of Illinois v. Lumbermens Mutual Casualty Co., No. 12-24227, Ill. Cir., Cook Co.).
(Order available. Document #10-160826-002R.)
Judge Kathleen M. Pantle of the Cook County Circuit Court...