New York Hospital Insurer Files for Bankruptcy, Citing Child Sex Abuse Claims October 17, 2025 By Andrew G. Simpson A Bermuda captive that insured several New York hospitals affiliated with a leading Jewish not-for-profit organization says it is insolvent,...
Court Rules Failed California Workers’ Comp Insurer Can’t Use Special Funds for Administrative Expenses June 20, 2018 The Appellate Court of Illinois has issued a decision supporting California Insurance Commissioner Dave Jones and the California Insurance Guarantee...
Maryland Policyholders Affected by Penn Treaty, American Network Liquidation April 20, 2017 Maryland Insurance Commissioner Al Redmer, Jr. has announced that more than 1,700 Marylanders have been affected by the Penn Treaty...
Failing Illinois Health Insurance Co-Op to Be Shut Down July 14, 2016 By Carla K. Johnson An Illinois health insurance co-op with 49,000 policyholders in the state has become the latest casualty among a dwindling group...
Georgia Regulators Order Liquidation of Georgia Mutual March 24, 2014 By Michael Adams A Georgia superior court judge has given regulators approval to liquidate a former automobile insurer. Cynthia Write, judge of the...
N.Y. Liquidation Bureau Distributed $346M in 2012; Over 6,000 Claims Resolved May 29, 2013 New York State’s Financial Services Superintendent Ben Lawsky announced the publication of the New York Liquidation Bureau’s 2012 annual report....