A circuit court judge in Tallahassee, Fla., has directed state regulators and attorneys for Insurance Company of the Americas (ICA) to provide answers on the fate of the troubled workers' compensation carrier by May 11.Judge P. Kevin Davey has scheduled a hearing on May 11 to get reports from both the Department of Financial Services (DFS) and Bradenton, Fla.-based ICA on whether an outside buyer will make good on plans to buy the carrier.Davey scheduled the hearing after ICA founder James Kernan issued a guilty plea in an insurance fraud investigation in Upstate New York.On March 20, Kern...
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