Special Deputy Receiver Reports Quarterly Status Of Liquidation Estate
(September 20, 2016, 12:19 PM EDT) -- AUSTIN, Texas — The special deputy receiver (SDR) of an insolvent insurer reported to a Texas court on Sept. 15 the financial status of the liquidation estate and outlined details of reinsurance recoverables and recoveries (The State of Texas v. San Antonio Indemnity Company, No. D-1-GV-13-001153, Texas, 201st Dist., Travis Co.).
(Report available. Document #10-160923-021X.)
The Travis County 201st Judicial District Court ordered San Antonio Indemnity Co. (SAIC) into liquidation on Oct. 31, 2013.
Milford Consulting LLC, SAIC’s SDR, notes in its quarterly financial report for...