Judge Approves Insurer In Rehabilitation’s Settlement Agreement

(April 1, 2016, 11:12 AM EDT) -- CHICAGO — An Illinois judge on March 21 approved a settlement agreement between an insurer in rehabilitation and an undisclosed party (In the Matter of the Rehabilitation of Triad Guaranty Insurance Corporation, No. 12-CH-43895, Ill. Cir., Cook Co.).

(Order available. Document #10-160422-011R.)

Judge Richard J. Billik Jr. of the Cook County Circuit Court, Chancery Division, ordered the rehabilitation of Triad Guaranty Insurance Corp. on Dec. 11, 2012.

Judge Billik appointed Andrew Boron, then the state’s director of insurance, and his successors in office, as Triad’s rehabilitator....
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