Judge OKs $14 Million Final Claims Distribution Of Insolvent Insurer’s Assets
(June 13, 2016, 12:30 PM EDT) -- TALLAHASSEE, Fla. — A Florida judge on May 6 approved the final claims report of the receiver of an insolvent insurer and authorized a final distribution of more than $14 million (In RE: The Receivership of MD Medicare Choice, Inc., a Florida Health Maintenance Organization, No. 2008-CA-3191, Fla. Cir., 2nd Cir., Leon Co.).
(Order available. Document #10-160624-020R.)
The Florida Department of Financial Services petitioned the Leon County Second Judicial Circuit Court for a consent order of liquidation of the MD Medicare Choice Inc., a Florida health...