Judge Sets Late Claims Filing Deadline In Insurance Insolvency Case

(September 15, 2016, 3:02 PM EDT) -- AUSTIN, Texas — A Texas judge on Sept. 1 ordered a late claims filing deadline for claims against the estate of two insurers in rehabilitation (State of Texas v. Universal Insurance Exchange, et al., No. D-Q-GV-06-000119, Texas, 345th Dist., Travis Co.).

(Order available. Document #10-160923-016R.)

The Travis County, Texas, 345th Judicial District Court placed Universal Insurance Exchange (UIE) and Universal Paratransit Insurance Services Corp. into rehabilitation on Jan. 26, 2006. The state’s commissioner of insurance was named as rehabilitator, and DKJ Group Inc. was named SDR....
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