IN MATTER OF LIQUIDATION OF INTEGRITY INS. CO.


299 N.J. Super. 677 (1996)

IN THE MATTER OF THE LIQUIDATION OF INTEGRITY INSURANCE COMPANY.

Superior Court of New Jersey, Chancery Division Bergen County General Equity Part.

Decided November 15, 1996.


Attorney(s) appearing for the Case

Thomas Novak; Steven S. Radin; Susanne K. Rosenzweig; and Michael Albano (Sills, Cummis, Zuckerman, Radin, Tischman, Epstein & Gross), for Liquidator of Integrity Insurance Company.

Donald A. Klein (Winne, Banta, Rizzi, Hetherington & Basralian, P.C.), for respondent Munich Reinsurance Company.

David M. Spector (Mayer, Brown & Platt), for respondent Munich Reinsurance Company.

Norman J. Golub and Jeffrey F. Leonard (Sheft & Golub & Kamlet), for respondent London Market Reinsurers.

Debra Hall for Reinsurance Association of America.

James Stinson (Sidley & Austin) for Reinsurance Association of America.

Philip Rosenbach (Rosenbach & Rosenbach) for Folksamerica.

Christopher Barroll (McElroy, Deutsch & Mulvaney) for Allstate, Resolute Reinsurance and Scandia America Group.


MEEHAN, P.J.S.C.

Integrity Insurance Company was a New Jersey stock insurance company that issued various types of insurance policies as well as surety bonds. This court declared Integrity insolvent by Order of Liquidation dated March 24, 1987, under Section 6 of the New Jersey Insurer Liquidation Act, N.J.S.A. 17:30C (hereinafter the "Act") and the Commissioner of Insurance was appointed Liquidator. Pursuant...

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