Panel Upholds Denial Of Motion To Compel Insurer Based On Statutory Privilege

Mealey's (September 18, 2019, 12:46 PM EDT) -- NEW YORK — Wisconsin statutory privilege for the state’s insurance commissioner applies in a breach of contract case between an insurer formerly in rehabilitation and a mortgage financing services company, a New York appeals panel held Sept. 17, affirming the denial of a motion seeking to produce documents (Ambac Assurance Corp., et al. v. Nomura Credit & Capital Inc., et al., No. 9746 651359/13, N.Y. Sup., App. Div., 1st Dept., 2019 N.Y. App. Div. LEXIS 6582)....