A Mercer County, N.J., judge has placed the ailing MIIX Insurance Co., one of the largest medical malpractice insurers nationally, into state rehabilitation. Lawyers for the Medical Society of New Jersey say the situation underscores the need for tighter controls on med-mal suits and predict MIIX will end up in liquidation. One attorney notes there could still exist a large number of as yet unasserted claims.
Judge Orders MIIX Insurance Into State Rehab
New Jersey Law Journal
October 12, 2004