Insurer In Rehabilitation Seeks Dismissal Of Bad Faith, Breach Of Duty Claims

Mealey's (November 20, 2020, 10:08 AM EST) -- RALEIGH, N.C. — A health insurer in rehabilitation on Nov. 19 asked a North Carolina federal court to dismiss bad faith and breach of fiduciary duty counterclaims brought by a borrower and pledgors in their dispute over an alleged default under a loan agreement (Colorado Bankers Life Insurance Company v. Tybee Island Asset Management, LLC, et al., No. 20-520, E.D. N.C.)....