Insolvent Insurer’s Directors Seek Dismissal Of Breach Of Fiduciary Duty Case

Mealey's (May 6, 2020, 1:53 PM EDT) -- BATON ROUGE, La. — An insolvent insurer’s directors and officers filed motions on April 30 asking a Louisiana federal court to dismiss a rehabilitator’s breach of fiduciary duty lawsuit alleging that they intentionally misled state insurance regulators on the insurer’s true financial condition (James J. Donelon v. Jeffrey C. Pollick, et al., No. 20-177, M.D. La.)....