Justice Requests Input Into Proposed Closure Of Ancillary Receivership

(October 22, 2015, 7:47 AM EDT) -- NEW YORK — A New York justice on Oct. 13 issued an order to show cause, asking why the ancillary receivership of a California insurance company should not be closed (In the Matter of the Ancillary Receivership of Fremont Indemnity Company, No. 402668/03, N.Y. Super., New York Co.).

(Order to show cause available. Document #10-151023-018R.)

Fremont Indemnity Co. was placed into liquidation in California in July 2003. An ancillary receivership proceeding was ordered by the New York County Supreme Court on Sept. 23, 2003, and New...
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