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HomeMy WebLinkAbout0312 . , a . . _ ~ 3~9~4 IN THE CIRCUIT COURT OF THE , SECOND JUDICIAL CIRCUIT, IN AND FOR LEON COUNTY, FLORIDA CIVIL A~TION N0. 75-2106 . ~ STATE OF FLORIDA, ex rel. ) The Dcpartment of Insurance of the State of Florida, ) Relator, ~ ) vs. ~ . ) . IMPERIAL INSURANCE COMPANY, ~ . ) a California corporation • authorized to trarisact an ) . . insurance business in Florida, . • ~ • ) Respondent. ~ ORDER~APPOINTING ANCILLARY RECEIVER FOR PURPOSES OF CONSERVATION . THIS CAUSE, coming on this day to be heard on the Application ~f the Department of Insurance of the State of Floiida for the entry of an Order appointing the Department of Insurance as Ancillary Receiver . of Imperial Insurance Company of Los Ang~les, California and the Order to ` Show Cause, and the Court being fully advised in the premises, finds: • 1. Section 631.Q71, Florida Statutes, authorized the Depart- . . ment of Insurance of the State of Florida to apply to the Court for appointment as Ancillary Receiver of a foreign insurer for purposes of conservation if any of the grounds for conservation set forth in Sectioa b3I.071,'Florida Statutes, exist. - • 2. On September 23, 1975, the Honorable Harry L. Huff, one of the Judges of the Superior Court of Los Angeles, California, entered . an Order Appointing Conservator and Restraining Order in the case of ~ the Insurance Commissioner of the State of California v Im~erial Insurance Company (No. C 136921). That Order directs the Insurance Commissio~er of the State of California, to take possession o£ all of the property and affairs of Imperial Insurance Company and to conduct the business of the company. By the appointment o~ a Conservator in its state of domicile, the property of~Imperial Insurance Company has been sequestered in its state of domicile. . ~z45 ~ 3~ ~ ~zM,~iJ ~ ~ ~ ~ " - . . . ~ . ~ y~ '~'~°Ge~~i`~,v'~.~"`'~~c~~T'~` . _ c~