rehabilitation News

Missouri’s Cameron Mutual Placed Into Rehabilitation

Cameron Mutual Insurance Company and its wholly owned subsidiary, Cameron National Insurance Company, were placed into rehabilitation this week by the Circuit Court of Cole County, Missouri. Missouri Department of Commerce and Insurance (DCI) Director Chlora Lindley-Myer was named rehabilitator …

Contractor Fraud Leaves Some Rebuilding Five Years After Sandy

After Superstorm Sandy flooded the first floor of his New Jersey home with 4 feet of water, Rich Bindell shelled out tens of thousands of dollars to a contractor he knew was approved by the state and had done other …

N.J. Senator Urges Officials to Speed Up Sandy Rebuilding Aid Distribution

Government officials must speed the way home rebuilding aid is getting to thousands of New Jersey victims of Superstorm Sandy, which can be done in part by revamping a burdensome application process, a senator from the storm-battered state said Wednesday. …

Missouri Regulator: Barton County Mutual Back on Solid Ground

Financial conditions at Missouri’s Barton County Mutual Insurance Co. are strong enough that the company can be released from state oversight, a judge has ruled. A Barton County judge has granted a motion by the department of insurance to release …

Illinois’ Millers First Insurance Co. Agrees to Rehabilitation

Illinois insurance regulators reported that Millers First Insurance Co. (Millers First) has agreed to be placed into rehabilitation. While the Alton, Ill.-based company is in rehabilitation, Illinois Department of Insurance (DOI) Director Andrew Boron, as rehabilitator, will continue the payment …