N.J. SEEKS MIIX REHABILITATION:

The New Jersey Department of Banking and Insurance has gone to court to place medical malpractice insurance carrier MIIX Insurance Company in rehabilitation, according to the company. The department is seeking permission from the court to maintain in force MIIX Insurance’s current management services agreement with The MIIX Group and New Jersey State Medical Underwriter’s, Inc. until the order of rehabilitation is entered. The department also wants the court to prohibit the filing of new lawsuits against MIIX Insurance without the permission of the department or the court. The company said it has not consented to the entry of the orders requested by the department.