Justice Orders Termination Of Insolvent Insurer’s Liquidation Proceeding

(November 6, 2015, 12:17 PM EST) -- NEW YORK — A New York justice on Nov. 2 granted the liquidator of an insolvent insurer’s petition and ordered the termination of the insurer’s liquidation proceeding (In the Matter of UHAB Mutual Insurance Company, No. 452618/2014, N.Y. Sup., New York Co.).

(Order available. Document #10-151120-022R.)

The State of New York petitioned the New York County Supreme Court on Sept. 30, 2014, for an order appointing the state’s superintendent of financial services and his successors in office as liquidator of UHAB Mutual Insurance Co.

Justice Shlomo...
To view the full article, register now.