Court Approves $8.12M Settlement Over Claims In Insurer’s Liquidation

Mealey's (February 13, 2020, 2:15 PM EST) -- AUSTIN, Texas — A Texas court on Feb. 10 approved a $8.12 million settlement providing a three-way resolution of claims asserted by a special deputy receiver (SDR) for Capson Physicians Insurance Co. (CPIC), affiliates of CPIC and a fronting program’s insurer (The State of Texas v. Capson Physicians Insurance Co., No. D-1-GN-19-000723, Texas Dist., Travis Co., 250th Jud.)....