PHL Variable – Connecticut Rehabilitation
On May 17, 2024, the Honorable Andrew N. Mais, the Insurance Commissioner of the State of Connecticut filed a petition seeking an order of rehabilitation of PHL Variable Insurance Company (“PHL”), Concord Re, Inc., and Palisado Re, Inc. (the “Companies”) pursuant to the provisions of the Insurers Rehabilitation and Liquidation Act, Conn. Gen. Stat. §§ 38a-903 to […]
