Insolvent Insurer Opposes Lifting Federal Court Case Stay Pending Receivership

Mealey's (September 18, 2017, 7:17 AM EDT) -- BOISE, Idaho — A trust bank’s request to lift a stay on its coverage case against an insolvent insurer pending the insurer’s receivership proceedings and the bank’s request for a preliminary injunction should be denied, the insolvent insurer argues in a Sept. 8 response in Idaho federal court (Idaho Trust Bank v. BancInsure Inc., et al., No. 12-00032, D. Idaho)....