Special Deputy Receiver Asks Court To OK Disallowance Of Auto Accident Claim

(April 11, 2016, 8:02 AM EDT) -- AUSTIN, Texas — The special deputy receiver (SDR) of an insurer in receivership asked a Texas court on March 28 to formally approve its disallowance of a policyholder’s claim for expenses incurred for repairing the policyholder’s car (The State of Texas and the Texas Department of Insurance v. Vesta Fire Insurance Corporation, et al., No. D-1-GN-002366, Texas Dist., Travis Co.).

(Application available. Document #10-160422-019X.)

The Travis County, Texas, District Court, at the request of the State of Texas and the Texas Department of Insurance, ordered Vesta...
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