Receiver Says Insolvent Insurer Owes London-Based Reinsurers For 2013 Premium

Mealey's (April 19, 2017, 8:38 AM EDT) -- LAS VEGAS — The receiver of an insolvent insurer reported to a Nevada court on Feb. 15 that the receivership estate does not have enough assets to fully pay claims against the estate and owes money to certain London-based reinsurers (State of Nevada, ex rel. Commissioner of Insurance, in His Official Capacity as Statutory Receiver for Delinquent Domestic Insurer v. Professional Aviation Insurance Reciprocal, a Nevada Domiciled Reciprocal Captive Insurance Company, No. A-700829-p, Nev. Cir., Clark Co.)....

Attached Documents

Related Sections