Permanent Receiver Asks Court For Permission To End Liquidation Proceeding

Mealey's (October 27, 2016, 10:10 AM EDT) -- CARSON CITY, Nev. — The receiver of an insurer in liquidation asked a Nevada court on Oct. 7 to allow her to close the liquidation proceeding because there are no funds available to pay any remaining claims (State of Nevada, ex rel. Commissioner of Insurance, in Her Official Capacity as Statutory Receiver for Delinquent Domestic Insurer v. Physicians Benefit Resources Risk Retention Group, Inc., a Nevada Domiciled Association Captive Insurance Company, No. 12 OC 00114 1B, Nev. 1st Dist., Carson City)....