Florida Insurance Commissioner Declares Northern Capital Insurance Company Insolvent; Liquidation Likely
Apr 7, 2010
In a letter today, April 7, 2010, Florida Insurance Commissioner Kevin McCarty notified Florida Chief Financial Officer Alex Sink that Northern Capital Insurance Company is insolvent. He also indicated that liquidation of the company appears to be a strong possibility.
A copy of Commissioner McCarty’s letter and accompanying exhibits are attached for review.
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