Judge Orders Insurer Into Rehabilitation Following Hearing
(May 2, 2016, 1:16 PM EDT) -- EAST BATON ROUGE, La. — A Louisiana judge on April 11 followed up on an order putting an insolvent insurer into rehabilitation by holding a hearing and then issuing a permanent order of rehabilitation, confirming the state’s insurance commissioner as rehabilitator (James J. Donelon, Commissioner of Insurance for the State of Louisiana v. Blackwell and Golden Funeral Association, No. 646,352, La. Dist., East Baton Rouge Parish).
(Permanent order available. Document #10-160527-013R.)
James J. Donelon, commissioner of Insurance for the State of Louisiana, on March 1, 2016,...