Fla. Receiver Seeks Approval To Pay Consultants In Property Insurer’s Liquidation

Mealey's (April 14, 2023, 11:26 AM EDT) -- TALLAHASSEE, Fla.— The Florida Department of Financial Services (DFS) moved a Florida state court to approve compensation of outside contractors to assist with the receivership of United Property and Casualty Insurance Co. (UPCIC), a Florida company ordered into liquidation, asserting that while DFS has the authority under Florida law to hire outside contractors, their compensation must be approved by the court....