State ex. rel. Flowers v. Tennessee Trucking Ass'n Self Insurance Group Trust

OPINION

FRANK G. CLEMENT, JR., J.,

delivered the opinion of the court, in which

WILLIAM C. KOCH, JR., P.J., M.S., and PATRICIA J. COTTRELL, J., joined.

Seven members of the Tennessee Trucking Association Self-Insurance Group Trust appeal the post-liquidation, assessment against members of the self-insured group to fund a $2.8 million deficit. The self-insured group trust was declared insolvent in 2004 by the Chancery Court, following which the Commissioner of Commerce and Insurance was appointed Liquidator of the Trust. In the capacity of Liquidator, the Commissioner was responsible for…