Mealey's Insurance - Judge Dismisses Portion Of Insolvent Insurers' Receiver's Breach Of Contract Lawsuit

Mealey's Insurance - Judge Dismisses Portion Of Insolvent Insurers' Receiver's Breach Of Contract Lawsuit

OKLAHOMA CITY - An Oklahoma federal judge on Jan. 24 dismissed for lack of standing the portion of a receiver's lawsuit on behalf of two insolvent insurers seeking to recover money owed by a professional employer organization to any of the various state guaranty associations (State of Oklahoma, ex rel. John Doak, insurance commissioner as receiver for Park Avenue Property & Casualty Insurance Co. and Imperial Casualty and Indemnity Co. v. Staffing Concepts International Inc., No. 12-409, W.D. Okla.; 2014 U.S. Dist. LEXIS 8767).

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