New York Justice Approves Claims Classification Procedure, Appoints Referee

(January 25, 2016, 7:20 AM EST) -- NEW YORK — A New York justice on Jan. 4 approved the liquidator of an insolvent insurer’s claims classification procedure (In the Matter of the Eveready Insurance Company, No. 160307/2014, N.Y. Sup., New York Co.).

(Order available. Document #10-160129-010R.)

Benjamin M. Lawsky, then superintendent of financial services of the State of New York, petitioned the New York County Supreme Court for an order to liquidate Eveready Insurance Co. Justice Nancy M. Bannon placed Eveready into liquidation on Dec. 3, 2014, and appointed Lawsky and his successors...
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