Articles Bermuda Insurance Liquidations & Insolvencies USAJuly 31, 2003

    Mixed month for Mutual Risk Management

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    21 years ago

    Topics

    Bermuda Insurance Liquidations & Insolvencies USA

    Keywords

    Commonwealth Risk Services Diane Koken IAS Park Legion Insurance Liquidations & Insolvencies
    Mutual Risk Management Preferred Underwriting Alliance SouthTrust Bank Villanova Insurance
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    July was a significant month for Mutual Risk Management, with two of its subsidiaries going into liquidation in the United States and a scheme of arrangement being approved for the company itself.The bad news for the firm came when liquidation orders were issued for Legion Insurance and Villanova Insurance by the Commonwealth Court of Pennsylvania on July 28.