Corporate
Dec. 16, 2015
Superior National liquidation may conclude in 2018
After 15 years of liquidation proceedings, the California Insurance Commissioner has said the Superior National Insurance Co. estate is expected to close out by 2018.
Daily Journal Staff Writer
After 15 years of liquidation proceedings, the Superior National Insurance Co. estates are expected to close out by 2018, according to a spokesperson for the Insurance Commissioner of California.
Two outstanding reinsurance settlements, totaling $7.55 million, were approved Friday by Los Angeles County Superior Court Judge Kenneth R. Freeman.
"We hope these are...
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