Actuary Company Answers Negligence Claim By Insurer’s Receiver In Federal Court

Mealey's (January 11, 2018, 3:32 PM EST) -- OKLAHOMA CITY — An actuary services provider and its chief executive officer on Dec. 18 responded to a second amended complaint filed by an insolvent insurer’s receiver in an Oklahoma federal court, in which the receiver alleges failure to properly investigate and accurately report on the insurer’s financial standing and reinsurance contracts (Oklahoma ex rel., John D. Doak v. CTK Actuarial Services Inc., No. 17-371, W.D. Okla.)....