Judge Declares Insurer Insolvent, Orders Liquidation

(June 14, 2016, 1:28 PM EDT) -- COLUMBUS, Ohio — An Ohio judge on May 26 ordered the liquidation of an insolvent insurer and named the state’s superintendent of insurance liquidator (Ohio State Department of Insurance v. Coordinated Health Mutual, Inc., No. 16-cv-005048, Ohio Comm. Pls., Franklin Co.).

(Order available. Document #10-160624-034R.)

Mary Taylor, Ohio’s superintendent of insurance, moved for the Franklin County Court of Common Pleas to order Coordinated Health Mutual Inc., doing business as InHealth Mutual, into liquidation and name her as Coordinated’s liquidator.

In her agreed order of liquidation, Judge...
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