Judge Ends Ancillary Receivership, Approves Distribution Of Funds

(June 30, 2016, 10:09 AM EDT) -- TALLAHASSEE, Fla. — A Florida judge on June 15 approved the ancillary receiver of an insolvent Puerto Rican insurer’s request to be allowed to distribute certain collected funds and end the proceeding (State of Florida, ex rel., the Florida Department of Financial Services v. National Insurance Company, No. 2015-CA-1625, Fla. Cir., 2nd Cir., Leon Co.)....

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