New Jersey Trial Justice Orders Auto Insurer Into Liquidation

Mealey's (May 12, 2017, 9:05 AM EDT) -- TRENTON, N.J. — IFA Insurance Co. was ordered into liquidation by a New Jersey trial justice on May 4, and the state’s insurance commissioner was appointed as liquidator of the auto insurer (Richard J. Badolato, commissioner of the Department of Banking and Insurance of New Jersey v. IFA Insurance Co., No. MER-C-20-17, N.J. Super., Mercer Co.)....