Judge Approves Final Distribution Of Insolvent Insurer’s Assets
(June 13, 2016, 10:45 AM EDT) -- TALLAHASSEE, Fla. — A Florida judge on May 12 approved the final claims report of an insurer in liquidation since 1992’s receiver and authorized the receiver to distribute more than $1 million to claimants (In Re: The Receivership of Insurance Company of Florida, No. 1992-CA-005286, Fla. Cir., 2nd Cir., Leon Co.).
(Order available. Document #10-160624-017R.)
What was then known as the Florida Department of Insurance petitioned the Leon County Second Judicial Circuit Court in 1992 for a consent order of liquidation of the Insurance Company of...