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New Jersey Insurer Ordered Into Liquidation
Once one of New Jersey's leading medical malpractice insurers, MIIX Insurance Co., was ordered into liquidation on April 9 by Mercer County Superior Court Judge Maria Sypek. The company, in addition to insuring New Jersey doctors, also carried the policies of medical providers in 22 other states. The order has permanently stayed hundreds of cases against medical practitioners insured by MIIX, leaving claimants subject to the $300,000 recovery ceiling available through the state's Property-Liability Insurance Guaranty Association.
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