Court rejects estimated claims during liquidation


Court rejects estimated claims during liquidation

TRENTON, N.J.?Allowing policyholders to present estimated claims for payment by Integrity Insurance Co., which is in liquidation, violates New Jersey law because the claims are not ?absolute,? the New Jersey Supreme Court has ruled in a narrow 3-2 decision. The Thursday ruling by the state?s...

You might be interested in these entries too:

N.Y. Liquidation Bureau not a state agency: Court

NEW YORK?New York?s highest court unanimously ruled Thursday that the New York Liquidation Bureau is not a state agency and therefore not subject to audit by the state comptroller. The...

Safeco expects $35 million in wildfire claims

NEW YORK (Reuters)?Insurer Safeco Corp. on Friday estimated claims stemming from recent California wildfires at $35 million in pretax losses. Safeco said this represents estimated losses both from current and...

Responses to 'Court rejects estimated claims during liquidation'


  1. No Comments

Leave a Reply





eXTReMe Tracker