Liquidated Reinsurer, Insurer Terminate Trust Agreement, Resolve Unpaid Claims

( August 11, 2025, 1:23 PM EDT) -- WILMINGTON, Del. — The Delaware Chancery Court approved a stipulation between the receiver for a stock reinsurance company and a life insurer, authorizing the liquidation of a trust account and the distribution of up to $8,562,944 to satisfy claims asserted under a reinsurance agreement....