Mealey's (April 11, 2017, 7:33 AM EDT) -- NEW YORK — A New York court on March 28 issued an order to show cause why a property and casualty insurer that has a large negative surplus should not be placed into liquidation (In the Matter of the Application of Maria T. Vullo, Superintendent of Financial Services of the State of New York, for an order to take possession and liquidation of the business and affairs of Fiduciary Insurance Company of America, No. 703264/2017, N.Y. Sup., Queens Co.)....