Insurer’s Rehabilitator: Insurance Fraud Suit Should Be Remanded

Mealey's (April 27, 2020, 1:22 PM EDT) -- BATON ROUGE, La. — An insolvent insurer’s rehabilitator in an April 23 memorandum asks a Louisiana federal court to remand a suit against the insurer’s various directors and officers, banks and a loan officer over allegations that they intentionally misled state insurance regulators on the insurer’s true financial condition (James J. Donelon v. Jeffrey C. Pollick, et al., No. 20-177, M.D. La.)....