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IN RE MIDLAND INSURANCE COMPANY

167 N.J. Super. 237 (1979)

400 A.2d 813

IN RE MIDLAND INSURANCE COMPANY.

Superior Court of New Jersey, Appellate Division.

Decided March 22, 1979.

Attorney(s) appearing for the Case

Mr. Roger H. McGlynn argued the cause for appellant (Messrs. Lum, Biunno & Tompkins, attorneys).

Ms. Maureen McGrath, Deputy Attorney General, argued the cause for respondent (Mr. John J. Degnan, Attorney General of New Jersey, attorney; Mr. Stephen Skillman, Assistant Attorney General, of counsel).

Before Judges MATTHEWS, KOLE and MILMED.

The opinion of the court was delivered by KOLE, J.A.D.

Midland Insurance Company (Midland) appeals from a determination of the Commissioner of Insurance (Commissioner) imposing fines in the sum of $79,000 and ordering it to cease and desist from certain practices. These actions were based on Midland's failure to satisfy judgments and forfeitures on its bail bond obligations within a reasonable period of time.

In July 1976 an order to show cause, later amended...

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