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Integrand Insurance Company to Appeal Liquidation Order ...

Oct 02, 2019 · The process of liquidation for Integrand Assurance Company was issued after an evaluation completed by the Puerto Rico Insurance Commissioner revealed that the company was in insolvency for $215,717,159 by May 31, 2019. “Once we were in possession of Integrand as a rehabilitator, we initiated, at the beginning of June, an extensive analysis ...…

Puerto Rico Insurance Commissioner intervenes with ...

Mar 14, 2019 · “Although, at the moment the financial condition of Integrand Assurance Company is not a situation of insolvency or diminished capital, the financial reports and audits carried out show it is in a financial condition of care that, if no corrective action is taken, could worsen and lead to future insolvency or reduced capital, to the detriment ...…

INTEGRAND ASSURANCE COMPANY,

collusively breached theirreinsurance agreements with Integrand and failed to pay Integrand. Id.at p p. 5–6, 13–14. Puma notes that Integrand filed a complaint in a separate matter with similar allegations. Id. at pp. 10–12 (citing Integrand Assurance Co v. Everest Reinsurance Co., Civ. No. 19-1111 (DRD), Docket Nos. 1 and 8).…