Florida Begins Liquidation of American Capital Assurance; Policies to Cancel May 14 – Claims Journal

Article 0 Comments Florida-based American Capital Assurance Corp. is officially in receivership and is in the process of being liquidated after being deemed insolvent by Floridas insurance regulator earlier this month. The Florida Department of Financial Services, which serves as the receiver for any insurer placed into receivership in Florida, said it was granted a…

Bio-Hybrid company files for insolvency – electrive.com – www.electrive.com

Bio-Hybrid GmbH has filed for insolvency with the Nuremberg District Court. The start of series production, which was planned for mid-2021 after the separation from Schaeffler, is thus in jeopardy. In October 2020, the automotive supplier Schaeffler sold all shares in its subsidiary Schaeffler Bio-Hybrid GmbH to Micromobility Services and Solutions. Series production of the…

Greensill creditors vote for liquidation – The Australian Financial Review

Japanese insurer Tokio Marine and the Australian Tax Office were listed as yet to be quantified. The shift to liquidation from administration will give Grant Thornton greater powers to investigate Greensills collapse and gather documents, including examining whether former directors or officers of the company had committed any offences that need to be reported to…