Maryland Insurance Commissioner, Al Redmer, Jr. has issued an Administrative Order prohibiting Evergreen Health from making any disbursement, payment, or transfer of assets without prior approval of the Commissioner.
Evergreen Health is prohibited from selling or renewing any insurance policies.
These actions are in response to Evergreen's financial position and after private investors informed the Insurance Administration that they were terminating the process of acquiring Evergreen Health on July 24, 2017.
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