Insolvent Insurer Makes 100 Percent Distribution To Administrative Claimants

Mealey's (January 19, 2017, 1:15 PM EST) -- TALLAHASSEE, Fla. — The liquidator of a Florida insurer that was rendered insolvent because of a large number of hurricanes making landfall in the state said it made a nearly $5 million distribution on Jan. 9, paying all of the administrative claims against the liquidation estate (In re Atlantic Preferred Insurance Company, No. 2006-CA-001083, Fla. Cir., 2nd Cir., Leon Co.)....

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