Insurance Law

Mealey's Insurance - Justice Orders Termination Of Ancillary Receivership Proceeding

NEW YORK - A New York justice on Dec. 3 ordered the termination and closure of the ancillary receivership of an insolvent Pennsylvania insurer (In the Matter of the Ancillary Receivership of PHICO Insurance Company, No. 401785/02, N.Y. Super., New York Co.).