Judge: Insolvent Insurer’s Corporate Parent Holds Title To Parcels Of Land

Mealey's (March 20, 2019, 2:00 PM EDT) -- WHITE PLAINS, N.Y. — The successor corporate parent to an insolvent insurer “holds title to, and all reversionary interests in, land and improvements” on two parcels of land, a New York federal judge held March 18, affirming a bankruptcy court’s ruling against the liquidator for Frontier Insurance Co. (FIC) (In re:  Frontier Insurance Group Inc., et al.; Benjamin Lawsky v. Frontier Insurance Group LLC, No. 18-3211, S.D. N.Y., 2019 U.S. Dist. LEXIS 43981)....