Rehabilitator Petitions Court To Place Insurer Into Liquidation

(March 4, 2016, 9:45 AM EST) -- CHICAGO — The rehabilitator of an insurer asked an Illinois court on March 1 to declare the insurer insolvent and order it into liquidation (In the Matter of the Rehabilitation of Affirmative Insurance Company, No. 15 CH 13718, Ill. Cir., Cook Co., Chanc. Div.).

(Complaint available. Document #10-160325-014C.)

The people of the State of Illinois, ex rel. Anne Melissa Dowling, acting director of insurance of the State of Illinois, petitioned the Cook County, Ill., Circuit Court, Chancery Division, for an order placing Affirmative Insurance Co. into...
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