Judge Approves Early Access Distributions To Insurance Guarantors

Mealey's (April 17, 2017, 7:20 AM EDT) -- LOS ANGELES — A California judge on April 5 authorized the liquidator of an insolvent insurer to pay $5 million in early access distributions to states’ insurance guaranty associations that have been paying claims brought by the insolvent insurer’s policyholders (Insurance Commissioner of the State of California v. SeeChange Health Insurance Company, No. BS152302, Calif. Super., Los Angeles Co.)....