Panel Grants Stay In Suit As Long As Insolvent Insurer Is ‘Obligated’ To Defend

Mealey's (May 20, 2022, 1:47 PM EDT) -- DAYTONA BEACH, Fla. — A Florida appellate court on May 17 granted an insured’s petition for a writ of prohibition challenging a trial court’s refusal to grant a stay in a libel proceeding, finding that a six-month stay provided by Florida law “prohibits continuation” of judicial proceedings where the “insolvent insurer remains obligated to provide a defense.”...