Judge Approves $17 Million Distribution From Insolvent California Insurers

Mealey's (October 26, 2016, 2:20 PM EDT) -- LOS ANGELES — A California judge on Oct. 18 granted the liquidator of a group of insolvent insurers’ application to distribute more than $17 million to certain states’ insurance guaranty associations (Insurance Commissioner of the State of California v. Superior National Insurance Company, No. BS061974, Calif. Super., Los Angeles Co.)....