Insurer’s Receiver Has No Right To Assert Direct Claims, D&O Insurer Says

Mealey's (October 15, 2020, 2:24 PM EDT) -- OKLAHOMA CITY — BancInsure Inc.’s receiver has no right under Oklahoma law to assert direct claims against a directors and officers (D&O) insurer arising from the denial of coverage to a BancInsure director, the D&O insurer tells an Oklahoma federal court in an Oct. 14  motion to dismiss (Glen Mulready v. Westchester Fire Insurance Company, No. 20-782, W.D. Okla.)....