Appalachian Regional Healthcare v. Cunningham
Supreme Court of Virginia
1Opinion of the Court
OPINION BY JUSTICE D. ARTHUR KELSEY
The State Corporation Commission ("SCC") denied claims filed by a group of Kentucky hospitals (the "Hospitals") requesting reimbursement for $439,375.20 in legal fees and costs from Reciprocal of America ("ROA"), an insolvent insurer. The Hospitals appeal, arguing that certain agreements constituting an assumption reinsurance transaction provided a contractual basis for the claims and that the SCC erred in concluding otherwise. We disagree and affirm.
I
In the late 1970s and early 1980s, a group of Kentucky hospitals created two self-insured Trusts-the…
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