• Home
  • Articles
  • MRM insurance subsidiaries taken over by Pennsylvania regulator

MRM insurance subsidiaries taken over by Pennsylvania regulator

Mutual Risk Management subsidiaries Legion Insurance Co. and Villanova Insurance Co. have gone into "voluntary rehabilitation" following court action by Pennsylvania Insurance Commissioner Diane Koken. The rehabilitation orders, which were granted by the Commonwealth Court of Pennsylvania on March 28, 2002, become effective April 1, 2002.