Judge Approves Receiver Of Insolvent Insurer’s Recommendation To Pay Claims

(May 18, 2016, 1:33 PM EDT) -- TALLAHASSEE, Fla. — A Florida judge on May 6 approved the receiver of an insurer in liquidation’s recommendation to pay more than $22 million to approximately 6,700 claimants (In re: The Receivership of Universal Health Care Insurance Company, Inc., a Florida corporation, No. 2013-CA-00358, Fla. Cir., 2nd Cir., Leon Co.).

(Order available. Document #10-160527-039R.)

The Leon County Second Judicial Circuit Court appointed the Florida Department of Financial Services as receiver of Universal Health Care Insurance Co. Inc. for the purposes of liquidation on April 1, 2013....
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