SC regulators ‘reviewing’ rehab strategy for Atlantic Coast
April 2, 2025 by John Hilton
South Carolina regulators are still deliberating over how to respond more than six weeks after an administrative law judge reversed an order that had banned Atlantic Coast Life Insurance Co. from writing new premiums.
In the meantime, Utah regulators are in court asking a judge to allow them to “take possession” of Sentinel Security Life Insurance Co. and a pair of reinsurers.
Atlantic Coast and Sentinel Security, along with several reinsurers, are owned by Advantage Capital, an investment firm known as A-Cap.
Originally Posted at InsuranceNewsNet on April 1, 2025 by John Hilton.
Categories: Industry Articles
