Special Deputy Receiver Says Reinsured Objects To Claim Determination

(April 20, 2016, 12:53 PM EDT) -- AUSTIN, Texas — The special deputy receiver (SDR) of an insurer in receivership told a Texas court on April 15 that its reinsured is disputing the allowance of more than $1.5 million for a claim (The State of Texas and the Texas Department of Insurance v. Vesta Fire Insurance Corporation, et al., No. D-1-GN-002366, Texas Dist., Travis Co.).

(Application available. Document #10-160422-048X.)

The Travis County, Texas, District Court placed Vesta Fire Insurance Corp., Vesta Insurance Corp., Shelby Casualty Insurance Co., The Shelby Insurance Co., Texas Select...
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