Iowa Insurance Commissioner Nick Gerhart says federal health officials are unlawfully withholding millions of dollars owed to a failed health insurance co-op in his state. Gerhart, who is Liquidator for CoOportunity Health, filed suit against the U.S. Department of Health …
Numerous representatives from Texas coastal counties, cities and business organizations on March 25 spoke before the board of the state’s insurer of last resort urging them to oppose the proposal by state regulators to place the organization in receivership. The …
In a meeting on March 25, the board of directors of Texas’ insurer of last resort in coastal areas is expected to discuss the organization’s dire financial condition and the possibility of placing the organization into receivership. According to the …
The Missouri Department of Insurance announced the conclusion of the legal cases of two insurance companies that went into receivership due to insolvency. A Cole County judge ordered Transit Casualty Co. into receivership in November 1985. It is Missouri’s second-longest …
