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Froogle 1.1.1.7
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Froogled By:
Elias Makere, FSA, MAAA
Published:
Last Updated:

June 25, 1999
News Articles Pertinent to Life Insurance (and Finance)

Florida Has Obtained Receivership of a Local Insurer

Who:
Department of Insurance
What:
Receivership
Where:
State of Florida
When:
5/13/1999 (Effective Date)
How:
Court Order
Why:
Insolvency
Source:
25 FAR 25 (6/25/1999)
Contact:

Details

The State of Florida has just re-announced that it acquired receivership over The Florida Workers Compensation Fund. The State obtained this status due to court order; and – apparently – on account of the insurer's insolvency. Claimants (eg, policyholders creditors etc.) have until November 15, 1999 to submit claims/inquiries.
Keywords:
pertinent orders (FL) receivership insolvency bankruptcy broke cannot meet financial obligations court order creditors claimants policyholders Leon County circuit court division of rehabilitation and liquidation
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