State ex rel. Weatherford v. Senior Security Life Insurance Co.

OPINION

ADAMS, Vice-Chief Judge:

In a previous appeal, Division III of this Court affirmed a trial court order finding that Appellant Senior Security Life Insurance Company (SSLIC) was insolvent and that the appointment of a receiver and liquidation was proper. This appeal arises out of a request by SSLIC that the fees for attorneys hired by SSLIC management be paid out of the receivership estate. SSLIC engaged these attorneys to resist the application of the Insurance Commissioner (Commissioner) for the appointment of a receiver. Finding that SSLIC management did not act “in good faith” in…