Judge Orders Insolvent Insurer Into Liquidation

(March 28, 2016, 2:34 PM EDT) -- CHICAGO — An Illinois judge on March 24 ordered the end of an insolvent insurer’s receivership and the beginning of the insurer’s liquidation (In the Matter of the Rehabilitation of Affirmative Insurance Company, No. 15 CH 13718, Ill. Cir., Cook Co., Chanc. Div.).

(Liquidation order available. Document #10-160422-008R.)

The people of the State of Illinois, ex rel. Anne Melissa Dowling, acting director of insurance of the State of Illinois, asked the Cook County Circuit Court, Chancery Division, for an order placing Affirmative Insurance Co. into rehabilitation....
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