Evergreen Health put into receivership

Evergreen Health has been placed into receivership after an investment group pulled out a deal last week to shore up the embattled insurer’s balance sheet.

Maryland Insurance Commissioner Al Redmer petitioned The Baltimore City Circuit Court this week for an order to place the Baltimore insurer into receivership — a kind of bankruptcy — and rehabilitation with the company’s consent. Baltimore City Judge Yolanda Tanner signed the order placing Connecticut-based professional services firm Risk…

from https://www.bizjournals.com/baltimore/news/2017/08/02/evergreen-health-put-into-receivership.html?ana=RSS%26s=article_search
from http://baltimorecheckbook.tumblr.com/post/163725988817

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Author: Baltimore Checkbook

Best in consumer news and deals in Baltimore, MD.

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