Judge OKs $7.8M Commutation Of Reinsurers’ Obligations To Insolvent Insurer

(August 31, 2015, 11:46 AM EDT) -- HARRISBURG, Pa. — A Pennsylvania judge on Aug. 26 approved a commutation, settlement agreement and release between an insolvent insurer and a pair of reinsurers (In re: Reliance Insurance Co. in liquidation, No. 1 REL 2001, Pa. Cmwlth.)....

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