Insolvent Insurer’s State Plans Notify Delaware Chancellor Of Joinder

(August 31, 2023, 5:44 PM EDT) -- WILMINGTON, Del. — State plans affiliated with Friday Health Plans Inc. (FHP) notified a Delaware state court chancellor that they filed a joinder to the motion filed by special deputy receiver of Friday Health Insurance Co. Inc. to dismiss or stay the assignment for the benefit of creditors (ABC) proceeding to liquidate the assets of (FHP) and Friday Health Plans Management Services Co. Inc. (FHP MSC), asserting that each state has its own pending receivership proceedings....