Special Deputy Receiver Asks Court To OK Settlement Of Home Fire Damage Claim

Mealey's (July 21, 2016, 9:33 AM EDT) -- AUSTIN, Texas — The special deputy receiver (SDR) of an insolvent insurer asked a Texas court on July 15 to approve a settlement between a homeowner and the receivership estate of an insolvent insurer of the homeowner’s fire damage 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 #10-160722-026X.)

The Travis County, Texas, District Court on June 28, 2006, ordered Vesta Fire Insurance Corp., Vesta Insurance Corp., Shelby...
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