Judge Approves Sale Of Insolvent Insurer’s Australian Subsidiary

Mealey's (June 15, 2016, 12:01 PM EDT) -- CHICAGO — An Illinois judge on June 10 approved the sale of an Australian insurer owned by an insolvent Illinois insurer in liquidation (People of the State of Illinois, ex rel. Andrew Boron, Director of Insurance of the state of Illinois v. Lumbermens Mutual Casualty Co., No. 12-24227, Ill. Cir., Cook Co.)....

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