Florida Judge: Sufficient Grounds Exist For Liquidation Of Insolvent Insurer

Mealey's (May 13, 2021, 10:56 PM EDT) -- TALLAHASSEE, Fla. — A Florida judge on April 14 appointed the state’s Department of Financial Services as receiver of American Capital Assurance Corp., finding that the evidence presented in the department’s petition for a consent order provides sufficient grounds for the liquidation of the insurer....

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