Judge Approves $50 Million Recommendation Regarding Guaranty Association’s Claim

(August 15, 2016, 10:46 AM EDT) -- TALLAHASSEE, Fla. — A Florida judge on July 21 approved an insolvent insurer’s receiver’s recommendation regarding the Florida Insurance Guaranty Association’s (FIGA) claim for more than $50 million (In re: The Receivership of Magnolia Insurance Company, No. 2010-CA-1522, Fla. Cir., 2nd Cir., Leon Co.)....