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By Illinois law, the Director may appoint a Special Deputy Receiver to administer the receivership.
John Hancock Business Services/Epic Investment Capital et al.
As a consequence of these filings, the Rehabilitator is required to immediately place a moratorium on further claim payments, including the return of unearned premium. Claim checks and other payments that were issued by the Rehabilitator and mailed through February 29, 2016, will continue to be honored by AICs banks.
Director Dowling expects that it will take approximately two weeks to obtain an Order of Liquidation from the Supervising Court.
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