http://www.lexisnexis.com/mealeys/news.aspx Headline Insurance Insolvency Legal News from LexisNexis® en-us http://www.lexisnexis.com/mealeys/images/lexismealeyslogo.gif 130 29 http://www.lexisnexis.com/mealeys/news.aspx Copyright 2013 http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=25-1%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%201%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' HARRISBURG, Pa. - A referee appointed by a Pennsylvania trial court on April 15 recommended approval of an insurer's liquidator's classification of a reimbursement claim filed by the Alabama Insurance Guaranty Association (AIGA) as one dealing with an underlying reinsurance contract (Alabama Insurance Guaranty Association v. Reliance Insurance Co. in liquidation, No. 6 REL 2012, Pa. Cmwlth.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=25-1%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%202%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' CHICAGO - An Illinois appeals panel on April 16 affirmed a liquidator's recommended amount of $1.2 million on a reimbursement claim against an insolvent insurer and in favor of principals of an insured sued in an underlying personal injury lawsuit that eventually settled (Andrew Boron, Illinois director of insurance, as liquidator of Legion Indemnity Insurance Co. v. Robert Rohlwing, et al., No. 1-12-0980, Ill. App., 1st Dist., Div. 2; 2013 Ill. App. LEXIS 233). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=25-1%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%203%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' ANNAPOLIS, Md. - Maryland Property & Casualty Insurance Guaranty Corp. (PCIGC) is liable to claimants for twice its statutory limit of liability on a claim for a single bodily injury under an insolvent insurer's policies, a Maryland appeals panel affirmed April 25, also finding that PCIGC is limited in its right to contest settlements entered into between a claimant and an insolvent insurer (Maryland Property & Casualty Insurance Guaranty Corp. v. Belinda Beebe-Lee, et al., No. 64, Md. App.; 2013 Md. LEXIS 271). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=25-1%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%204%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' HARRISBURG, Pa. - A referee assigned by a Pennsylvania court ruled April 24 in favor of Reliance Insurance Co. regarding the liquidator's assignment of no value to warranty repair claims estimated by an insured to be allegedly $12 million (Warrantech Consumer Products Services Inc., et al. v. Reliance Insurance Co. in liquidation, No. 1 REL 2001, Pa. Cmwlth.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=25-1%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%205%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' INDIANAPOLIS - An Indiana federal judge on May 3 stayed an insured's coverage action against an insurance company regarding its duty toward environmental claims pending the rehabilitation of the insurer (CAVU Ops Inc. v. American Motorists Insurance Co., et al., No. 11-01527, S.D. Ind.; 2013 U.S. Dist. LEXIS 63504). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=25-1%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%206%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' TRENTON, N.J. - A limitation extends to the obligations for an insolvent member of the New Jersey Self-Insurers Guaranty Association and not for the occurrence of compensable accidents, a New Jersey appeals panel held April 30, reversing and remanding a ruling denying the payment of workers' compensation benefits by the association (Michael Collins v. P.I.E. Nationwide/New Jersey Self-Insurers Guaranty Association, No. A-0571-11T3, N.J. Super., App. Div.; 2013 N.J. Super. Unpub. LEXIS 985). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=25-1%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%207%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' WEST PALM BEACH, Fla. - A Florida bankruptcy judge on April 30 proposed that an insolvent insurer's breach of fiduciary duty claim against its former director be dismissed based on a lack of personal jurisdiction (British American Insurance Company Ltd. v. Robert Fullerton, et al., No. 11-03118, S.D. Fla. Bkcy.; 2013 Bankr. LEXIS 1755). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=25-1%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%208%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' ST. LOUIS - A federal judge in Missouri on May 2 declined to reconsider his ruling refusing to strike a jury demand filed by the special deputy receiver (SDR) of insolvent insurers regarding breach of fiduciary duty and negligence claims against certain trustee defendants (Jo Ann Howard & Associates P.C., et al. v. J. Douglas Cassity, et al., No. 09-01252, E.D. Mo.; 2013 U.S. Dist. LEXIS 62682). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=25-1%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%209%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' CHICAGO - An Illinois judge ordered Lumbermens Mutual Casualty Co., American Manufacturers Mutual Insurance Co. and American Motorists Insurance Co. into liquidation on May 10 (People of the State of Illinois, ex rel. Andrew Boron, Director of Insurance of the state of Illinois v. Lumbermens Mutual Casualty Co.; People of the State of Illinois, ex rel. Andrew Boron, Director of Insurance of the state of Illinois v. American Manufacturers Mutual Insurance Co.; People of the State of Illinois, ex rel. Andrew Boron, Director of Insurance of the state of Illinois v. American Motorists Insurance Co., No. 12-24227, Ill. Cir., Cook Co.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=25-1%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%2010%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' AUSTIN, Texas - A Texas court on April 5 ordered Santa Fe Auto Insurance Co. into liquidation and named the state's insurance commissioner as liquidator (The State of Texas v. Santa Fe Auto Insurance Co., No. D-1-GV-13-000204, Texas Dist., Travis Co., 419th Jud.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=25-1%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%2011%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' LAS VEGAS - A Nevada court on April 18 ordered the receivership of Nevada Contractors Insurance Co. Inc. and Builders Insurance Co. Inc. and named the state's insurance commissioner as receiver (State of Nevada v. Nevada Contractors Insurance Company Inc., et al., No. A-13-678046, Nev. Dist., Clark Co.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=25-1%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%2012%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' HARRISBURG, Pa. - The judge in the Pennsylvania liquidation proceedings of Reliance Insurance Co. on April 10 approved a $4.3 million settlement between the insolvent insurer and its reinsurer (In re: Reliance Insurance Co. in liquidation, No. 1 REL 2001, Pa. Cmwlth.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-12%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%201%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' FORT LAUDERDALE, Fla. - A Florida federal judge on April 12 dismissed insolvent insurers' claims for aiding and abetting breach of fiduciary duties and rescission against their former directors regarding a failed land investment (British American Isle of Venice $(BVI$) Ltd. and British American Insurance Company Ltd. v. Robert Fullerton, et al., Nos. 12-81329 & 12-81330, S.D. Fla.; 2013 U.S. Dist. LEXIS 52979). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-12%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%202%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' TALLAHASSEE, Fla. - The receiver for Magnolia Insurance Co., in a complaint filed in a Florida court on March 21, alleges that Allianz SE looted the insolvent insurer with inflated fees for loan and business transactions that ultimately left Magnolia insolvent and drove it into receivership (The Florida Department of Financial Services as receiver in liquidation of Magnolia Insurance Co. v. Allianz SE, et al., No. 2010-CA-1522, Fla. Cir., Leon Co., 2nd Jud.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-12%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%203%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' CHICAGO - Guarantors to a surety bond issued by an insolvent insurer must deposit $1.6 million with the insurer pursuant to an indemnity agreement, the Seventh Circuit U.S. Court of Appeals affirmed March 19 (Frontier Insurance Co. v. J. Roe Hitchcock, et al., No. 11-3510, 7th Cir.; 2013 U.S. App. LEXIS 5557). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-12%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%204%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' NEW YORK - The Second Circuit U.S. Court of Appeals on March 18 affirmed the dismissal of a Racketeer Influenced and Corrupt Organizations (RICO) Act, 18 U.S. Code Section 1961, et seq., lawsuit filed by the sole shareholder of an insolvent insurance company against state agencies regarding the handling of the shareholder's claim (Petrosurance Inc. v. National Association of Insurance Commissioners and the National Conference of Insurance Guaranty Funds Inc., No. 12-3906, 2nd Cir.; 2013 U.S. App. LEXIS 5277). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-12%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%205%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' FRESNO, Calif. - A California federal judge on March 25 dismissed a contribution action against an insurer regarding defense costs of a mutual insured pursuant to a rehabilitation order entered against the insurer (American Alternative Insurance Corp. v. American Protection Insurance Co., et al., No. 11-01865, E.D. Calif.; 2013 U.S. Dist. LEXIS 41992). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-12%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%206%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' HARRISBURG, Pa. - A Pennsylvania federal bankruptcy judge on March 20 denied summary judgment to an insolvent insurer on its request of $1.5 million, which is the amount an insurance agency allegedly wrongfully transferred to a third party (In re: Black, Davis and Shue Agency Inc.; Frontier Insurance Co. in rehabilitation v. Black Davis and Shue Agency Inc., Chapter 11, No. 06-00051, Adv. No. 11-00160, M.D. Pa. Bkcy.; 2013 Bankr. LEXIS 1050). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-12%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%207%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' DENVER - A stay of discovery in favor of a ruling on motions for summary judgment and dismissal filed by the Colorado Insurance Guaranty Association (CIGA) in a reimbursement lawsuit will not resolve all issues, a Colorado federal magistrate judge held March 25, denying CIGA's motion to stay discovery (Colorado Insurance Guaranty Association v. Sunstate Equipment Company LLC, No. 12-02494, D. Colo.; 2013 U.S. Dist. LEXIS 42455). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-12%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%208%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' ATLANTA - A Georgia court on March 20 ordered Southern Casualty Insurance Co. into liquidation and named the state's insurance commissioner as liquidator (State of Georgia, ex. rel., Ralph T. Hudgens insurance commissioner v. Southern Casualty Insurance Co., No. 2013CV228788, Ga. Super., Fulton Co.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-12%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%209%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' OKLAHOMA CITY - An Oklahoma judge on Feb. 21 ordered Driver's Insurance Co. into receivership and appointed the state's insurance commissioner as receiver for purposes of rehabilitation (State of Oklahoma, ex rel., John D. Doak, insurance commissioner v. Driver's Insurance Co., No. CJ-2013-694, Okla. Dist., Oklahoma Co.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-12%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%2010%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' TALLAHASSEE, Fla. - A Florida judge on March 22 appointed the Florida Department of Financial Services (FDFS) as receiver of Universal Health Care Insurance Co. Inc. (UHCIC) for purposes of immediate rehabilitation and liquidation (State of Florida, ex rel., the Department of Financial Services of the State of Florida v. Universal Health Care Insurance Company Inc., No. 2013-CA-000358, Fla. Cir., Leon Co., 2nd Jud.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-12%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%2011%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' TALLAHASSEE, Fla. - On March 21, a Florida judge named the Florida Department of Financial Services (FDFS) to act as receiver of Universal Health Care Inc. (UHC) for purposes of immediate rehabilitation and liquidation (State of Florida, ex rel., the Department of Financial Services of the State of Florida v. Universal Health Care Inc., No. 2013-CA-000375, Fla. Cir., Leon Co., 2nd Jud.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-12%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%2012%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' AUSTIN, Texas - A Texas court ordered Gramercy Insurance Co. on Dec. 4 into rehabilitation and named the state's insurance commissioner as rehabilitator (The State of Texas v. Gramercy Insurance Co., No. D-1-GV-12-001713, Texas Dist., Travis Co.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-11%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%201%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' WEST PALM BEACH, Fla. - There is "related to" jurisdiction over an insolvent insurer's breach of fiduciary duty claim against its former directors, a Florida federal bankruptcy judge held Feb. 28, refusing to dismiss the claim (In re: British American Insurance Company Ltd., Chapter 15, Nos. 09-31881 & 09-35888; British American Insurance Company Ltd. v. Robert Fullerton, et al., Adv. Proc. No. 11-03118, S.D. Fla. Bkcy.; 2013 Bankr. LEXIS 758). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-11%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%202%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' ST. LOUIS - A federal judge in Missouri on Feb. 25 granted a motion filed by the special deputy receiver (SDR) of insolvent insurers for setting a jury trial in a breach of fiduciary and negligence lawsuit against certain trustees and ordered that the parties submit a joint scheduling plan no later than April 1 (Jo Ann Howard & Associates P.C., et al. v. J. Douglas Cassity, et al., No. 09-01252, E.D. Mo.; 2013 U.S. Dist. LEXIS 25159). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-11%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%203%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' SAN FRANCISCO - A California appeals panel on March 8 granted an insolvent insurer's petition to stay pursuant to a rehabilitation order its insurance coverage action against an insurer and an insured as well as the insured's breach of contract cross-claims (Lumbermens Mutual Casualty Co. v. The Superior Court of Marin County and Marin Cleaners, No. A137141, Calif. App., 1st Dist., Div. 1; 2013 Cal. App. Unpub. LEXIS 1737). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-11%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%204%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' NEW YORK - A trial justice erred in granting an insolvent insurer's liquidator's motion to disallow an insured's coverage claims for asbestos personal injury lawsuits and to release $6 million that was previously directed to be held in escrow for the payment of the claims, a New York appeals panel held March 7 (In re liquidation of Cosmopolitan Insurance Co.; Blackman Plumbing Supplies Inc. v. Superintendent of Financial Services, et al., No. 42638/80, N.Y. Sup. App. Div., 1st Dept.; 2013 N.Y. App. Div. LEXIS 1424). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-11%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%205%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' ST. LOUIS - A federal judge in Missouri refused Feb. 22 to strike a jury demand filed by the special deputy receiver (SDR) of insolvent insurers regarding breach of fiduciary duty and negligence claims against certain trustee defendants (Jo Ann Howard & Associates P.C., et al. v. J. Douglas Cassity, et al., No. 09-01252, E.D. Mo.; 2013 U.S. Dist. LEXIS 24329). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-11%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%206%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' SHREVEPORT, La. - A Louisiana appeals panel on Feb. 27 upheld summary judgment against an employer and its insolvent insurer's successor, Louisiana Insurance Guaranty Association (LIGA), in favor of an employee who contested the termination of benefits after 19 years of voluntary payments; however, the penalties and attorney fees are applicable only to the employer (David Hollingsworth v. Steven Garr Logging and Louisiana Insurance Guaranty Association, No. 47,884-WCA, La. App., 2nd Cir.; 2013 La. App. LEXIS 309). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-11%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%207%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' CHICAGO - An employer can recover out of a third-party settlement the entire amount of workers' compensation benefits paid to an employee, including the $145,018.71 paid to the employee by the employer's insolvent workers' compensation insurer and the $120,186 ordered by a trial judge to be paid directly to a state insurance fund, an Illinois appeals court held March 7 (Raul Sanchez v. Rental Service Corp., Nos. 1-08-3304; 1-09-0165; 1-09-0188, Ill. App. Div., 1st Dist., Div. 4; 2013 Ill. App. Unpub. LEXIS 411). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-11%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%208%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' ST. LOUIS - A federal judge in Missouri on March 5 refused to dismiss aiding and abetting fraud, aiding and abetting breach of fiduciary duty and aiding and abetting breach of fiduciary duty by trustee banks claims brought by the special deputy receiver (SDR) of insolvent insurers (Jo Ann Howard & Associates P.C., et al. v. J. Douglas Cassity, et al., No. 09-01252, E.D. Mo.; 2013 U.S. Dist. LEXIS 30354). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-11%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%209%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' NEW YORK - A New York federal bankruptcy judge on Jan. 10 declined to conduct a plenary review of the sale by an insurer's liquidator of a customer claim against Bernard L. Madoff Investment Securities LLC (In re: Fairfield Sentry Ltd., et al., Chapter 15, No. 10-13164, S.D. N.Y. Bkcy.; 2013 Bankr. LEXIS 136). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-11%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%2010%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' WILMINGTON, Del. - A Delaware court on March 11 ordered Ullico Casualty Co. into rehabilitation and named the state's insurance commissioner as receiver (State of Delaware, ex rel. Karen Weldin Stewart, Delaware insurance commissioner v. Ullico Casualty Co., No. 8392-VCG, Del. Chcy.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-11%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%2011%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' NEW YORK - A New York trial justice on Feb. 21 closed and terminated the liquidation for Autoglass Insurance Co. (In the matter of the liquidation of Autoglass Insurance Co., No. 402610/11, N.Y. Sup., New York Co.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=24-11%20Mealey%27s%20Litig.%20Rep.%20Ins.%20Insolv.%2012%20(2013)&view=full&ORIGINATION_CODE=00144 target='_blank' TRENTON, N.J. - A New Jersey judge on Jan. 10 granted final distribution of the assets of the insolvent NJ Exchange (NJE) and terminated the insurer's liquidation (In the matter of the liquidation of NJ Exchange, No. MER-C-60-06, N.J. Super., Chancery Div., Mercer Co.).