Pennsylvania Judge Orders Liquidation, Makes Insurance Commissioner Liquidator

(November 4, 2015, 11:12 AM EST) -- HARRISBURG, Pa. — A Pennsylvania judge on Oct. 30 ordered the liquidation of an insurer following the consent to the liquidation by the insurer’s sole shareholder (In re: Regis Insurance Company In Liquidation, No. 1 REG 2015, Pa. Cmwlth.).

(Order available. Document #10-151120-021R.)

Theresa D. Miller, Pennsylvania’s insurance commissioner, petitioned the Pennsylvania Commonwealth Court on Oct. 26 for an order placing Regis Insurance Co. into liquidation.

In the liquidation order, Judge Renée Cohn Jubelirer noted that the board of directors of Tiber Holding Corp., Regis’ sole...
To view the full article, register now.