Judge Approves Payment Of Reinsurance To Insured In Insurer’s Liquidation

Mealey's (August 14, 2017, 10:58 AM EDT) -- HARRISBURG, Pa. — In the liquidation of Reliance Insurance Co., a Pennsylvania trial judge on Aug. 9 approved a direct payment of $269,341 in proceeds by a guarantor of a reinsurer to an insured (In re:  Reliance Insurance Co. in liquidation, No. 1 REL 2001, Pa. Cmwlth.)....