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.

 

Should you have any questions or comments, please contact Colodny Fass.

 

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