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HomeMy WebLinkAbout0333 ~ ~ - ; - -~---------~-------__..__..~;_.~.Y.~_______._~~._~._._. ~ - - IN THE~ C=RCUIT CO~i T OF THE S£COND JUDICI AL CIRCUIT, IN"- ~ . , AND FOR LEON COUNTY, ~RTDA. ~ . Q. ~ ~ Gi v « ~7-- ~2 .L . STAT~ OF FLORIDA, ex rel. ~ BRO'r»RD l•JILLIAriS, State Treasurer and e~: officio ) 't~ Insurance Comm3ssioner, , Re ].ator, . . ~ vs. ) . , THOAiAS H. MSTCHELL, as At~orney-in-Fact for the ) ~ ~ ~ sabscribers at the Florida , Insurance Exchange, a domestic ) ~ rzci,procal insurer, , Respondent. - ~ . - ~ 0 R D E R ` This cause came on to be heard on the Petition of the s State of Florida, ex rel., Broward Willians,-State Treasurer and ' . ex officio Insurance Com.~nissione r,~for the Appointment of a ~ Receiver. The Res~ondent, by and through Thomas H. Mitchell, as A~torney-in-Fac4 ~or the suoscribers at the Florida Insurance r.xchzn~e, havin~ filed his appearance herein on behalf of sain ~ subscribers and ~raived venue, orocess, service of process, heGrin~, no~ice o: hearin~, and consented to an entry oi an order ~ppoin~ing vonorable ~ro:~:ard tli3liar~is, Sta~e Treasurer and ex o~ficio Ir~surance Com.~ni.ssioner, as Receiver of Respondent, for the purpose o~ conserv~n~ ~'r.e asse ~s o~ Res~onden~, and; the Court navi:,o cons~.dered the Petition and be~ing othercr3.se fully advised in the pramises is of ~he opinion tna~ the further transaction of an insurance business by the Respondent would be hazardous ~o its policy'r.olders and credi~ors, it is, therefore, CO~SiD~Rr.D, ORDL:~r.D, ADJUDGED and DECREED tna (1} the impairTent o~' Respondent's surplus ~o policy- - no~c;ers is such as .-~o-r2nder its fur~her ~ransac ~i.on oi on insu:,ar,ce business hazardous ~o itis policyholders and credito~s a~d ~hat a car~serva~or i"or Respondent should be appointed. - ~ , _ ~ ~ " 6t10K~~ PAGE t~,'Nt7fr ~ • . , ~ ''-1- . - ~ - _ . - - _ .