Banks Appeal $102M Entered In Favor Of Insurers’ Receiver, Insurance Guaranty Associations

Mealey's (July 23, 2019, 11:09 AM EDT) -- ST. LOUIS — Two banks filed a notice on July 18 to a Missouri federal court that they will be appealing to the Eighth Circuit U.S. Court of Appeals a $102,135,293.07 judgment in favor of insurers’ receiver and state insurance guaranty associations in a dispute regarding allegations over the mishandling of insolvent funeral insurers’ funds (Jo Ann Howard & Associates P.C., et al. v. J. Douglas Cassity, et al., No. 09-01252, E.D. Mo.)....