Insurance Commissioner Reports No New Claims In Insurer’s Liquidation

(August 20, 2018, 1:09 PM EDT) -- ST. THOMAS, Virgin Islands — A Virgin Islands insurance commissioner filed an accounting and status report on July 26 informing a Virgin Islands federal court that there have been no new claims and that the amount being held for the insolvent insurer remains above $1.4 million (In the matter of Phoenix Fire and Marine Insurance Company Ltd., No. 1991-271, D. Virgin Islands)....