Federal Judge Stays Wrongful Seizure Suit Against Insurer's Receiver, Texas Commissioner

SHERMAN, Texas - A federal judge in Texas on May 24 stayed a company's wrongful seizure lawsuit against the Texas insurance commissioner and the deputy receiver of an insolvent insurer because the claims potentially involve assets belonging to the insurer's estate and should be decided by the receivership court (Providence Holdings Inc. v. John Doak, individually, and in his official capacity as insurance commissioner for the Oklahoma Department of Insurance, and Mark Tharp, individually, and in his official capacity as deputy receiver for Imperial Casualty and Indemnity Co., No. 12-556, E.D. Texas; 2013 U.S. Dist. LEXIS 73605).

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