Justice Orders Liquidation Of 52-Year-Old Insurance Company

Mealey's (January 6, 2017, 12:54 PM EST) -- NEW YORK — A New York justice on Dec. 21 ordered an accident and health insurer that had once operated in 40 states into liquidation (In the Matter of the Application of Maria T. Vullo, Superintendent of Financial Services of the State of New York, for an order to take possession and liquidate the business and affairs of American Medical and Life Insurance Company, No. 452041/2016, N.Y. Sup., New York Co.)....