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Salaiz v. Columbian Life Insurance Co.

Court: WD Tx  10/17/2024  Court Grants in Part and Denies in Part Motion to Dismiss or Stay in Recognition of a Rehabilitation Order

Where an insurer was in financial rehabilitation in another state prohibiting prosecution of claims, actions, or proceedings in that state or elsewhere, a court for the Western District of Texas held that it was proper to recognize and honor the rehabilitation order pursuant to the Uniform Insurers Liquidation Act and stay a pending Texas proceeding.

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