Texas Judge OKs $9 Million Payment From Insurer’s Receivership To Asbestos Trust

Mealey's (March 4, 2016, 11:24 AM EST) -- AUSTIN, Texas — A Texas judge on March 1 approved an agreement between an insurer’s receivership estate and a trust set up to deal with asbestos-related claims against a company in bankruptcy (State of Texas v. Highlands Insurance Company, No. D-1-GV-03-004537, Texas, 53rd Dist., Travis Co.)....

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