Judge Orders Insurer Into Rehabilitation, Enjoins Other Actions

(November 3, 2015, 1:30 PM EST) -- MASON, Mich. — A Michigan judge on Oct. 29 ordered an insurer into rehabilitation, finding that the insurer’s financial condition is hazardous to policyholders (Patrick McPharlin, Director of the Department of Insurance and Financial Services v. Affirmative Insurance Company of Michigan, No. 15-898-CR, Mich. Cir., Ingham Co.).

(Order available. Document #10-151120-020R.)

Judge LeRoy K. Martin Jr. of the Cook County, Ill., Circuit Court, Chancery Division, ordered Affirmative Insurance Co. into rehabilitation on Sept. 16. Affirmative Insurance Co. is the parent company of Affirmative Insurance Company of...
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