Judge Grants Motion To Terminate And Close Insurer’s Rehabilitation

(May 4, 2016, 8:06 AM EDT) -- MASON, Mich. — A Michigan judge on April 27 granted the rehabilitator of an insurer’s motion to terminate and close the insurer’s rehabilitation proceeding (Ken Ross, Commissioner of the Office of Financial and Insurance Regulation v. American Community Mutual Insurance Company, No. 10-397-CR, Mich. Cir., 30th Jud. Cir., Ingham Co.).

(Order available. Document #10-160527-019R.)

Ingham County 30th Judicial Circuit Court Judge William E. Collette ordered American Community Mutual Insurance Co. into rehabilitation on April 8, 2010. The judge appointed Michigan’s commissioner of the Office of Financial...
To view the full article, register now.