Judge: Special Deputy Liquidator May Distribute $4.6M To Guaranty Associations

Mealey's (November 22, 2016, 7:28 AM EST) -- AUSTIN, Texas — A Texas judge on Oct. 19 authorized the special deputy receiver (SDR) of a Texas insurer in liquidation the authority to distribute $4.6 million of liquidation estate assets to the insurance guaranty associations from 29 states (The State of Texas v. Gramercy Insurance Co., No. D-GV-12-001713, Texas Dist., Travis Co.)....

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