Special Deputy Receiver Asks Court To Approve Payment To Reinsured

(April 20, 2016, 1:08 PM EDT) -- AUSTIN, Texas — The special deputy receiver (SDR) of an insurer in receivership asked a Texas court on April 15 to approve the amount that the SDR contends is due to the insurer in receivership’s reinsured (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 #10-160422-049X.)

Following a request by the State of Texas and the Texas Department of Insurance, the Travis County, Texas, District Court placed Vesta Fire...
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