Judge Approves Applications Over Claim Distribution, Value In Insurer’s Liquidation

Mealey's (December 12, 2019, 10:38 AM EST) -- HARRISBURG, Pa. — In the liquidation proceedings of Reliance Insurance Co., a Pennsylvania judge on Dec. 4 approved the 100 percent distribution on class (b) and (c) notices of determination and approved an estimated claims value process for certain class (e) proofs of claim (In re:  Reliance Insurance Co. in liquidation, No. 1 REL 2001, Pa. Cmwlth.)....