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PEO., BAYLOR v. MULTI-STATE INTER-INS. EXCH.

No. 56745.

12 Ill. App.3d 1058 (1973)

299 N.E.2d 482

THE PEOPLE ex rel. JAMES BAYLOR, Director of the Department of Insurance, Petitioner-Appellant, Cross-Appellee, v. MULTI-STATE INTER-INSURANCE EXCHANGE, Respondent-Appellee, Cross-Appellant.

Appellate Court of Illinois — First District (4th Division).

Rehearing denied July 18, 1973.

Attorney(s) appearing for the Case

William J. Scott, Attorney General, of Chicago, (Warren K. Smoot and Donald S. Carnow, Assistant Attorneys General, of counsel,) for appellant.

Samuel H. Young Professional Corporation, of Chicago, (Samuel H. Young, John D. Cummins, and Nathaniel J. Forgan, of counsel,) for appellee.

Reversed in part; affirmed in part and cause remanded.

Mr. JUSTICE DIERINGER delivered the opinion of the court:

This is an appeal from a judgment of the Circuit Court of Cook County by the Director of Insurance as Liquidator of Multi-State Inter-Insurance Exchange, and a cross-appeal by Leonard Groupe, the collector of assessments from the policyholders of Multi-State Inter-Insurance Exchange.

The issues on appeal are whether the chancellor erred...

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