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.)....