Judge Approves Merger Of Insolvent, Solvent Insurers

Mealey's (January 25, 2017, 12:40 PM EST) -- CHICAGO — An Illinois judge on Dec. 16 approved the merger of an insolvent insurer with a solvent insurer to protect the life insurance policy, annuity and pension obligations of the insolvent insurer (In the Matter of the Rehabilitation of Polish Women’s Alliance of America, No. 14-CH-14340, Ill. Cir., Cook Co., Chanc. Div.)....