Judge Approves $32M In Guaranty Association Claims In Reliance Liquidation

Mealey's (June 12, 2017, 1:04 PM EDT) -- HARRISBURG, Pa. — A Pennsylvania trial judge on June 7 granted a recommendation by the liquidator of Reliance Insurance Co. to approve 250 individual class (b) insurance guaranty associations (GAs) claims that were not previously submitted for approval for a total amount of $32,213,482.41 (In re:  Reliance Insurance Co. in Liquidation, No. 1 REL 2001, Pa. Cmwlth.)....