MIIX Insurance Management Resigns

NU Online News Service, Oct. 1, 4 :27 p.m. EDT?The MIIX Insurance Company, a Lawrenceville, N.J.-based medical malpractice carrier that was in voluntary runoff, has been put under state supervision for rehabilitation and its management has resigned.[@@]

New Jersey Superior Court in Trenton granted the order of rehabilitation on Sept. 28 naming the commissioner of the New Jersey Department of Banking and Insurance as rehabilitator with immediate and exclusive control over the business and property of MIIX Insurance.

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