Angoff v. Casualty Indemnity Exchange

SPINDEN, Judge.

Jay Angoff, director of the Department of Insurance, appeals the circuit court’s judgment to terminate the order of rehabilitation entered against Casualty Indemnity Exchange (CIE). Angoff also contests the circuit court’s removing the special deputy appointed by Angoff as CIE’s rehabilitator and restoring CIE Service Corporation as CIE’s attomey-in-fact. We affirm.

CIE is a reciprocal insurance exchange governed by §§ 379.650-.800, RSMo 1994.1 In Yeats v. Dodson, 345 Mo. 196, 127 S.W.2d 652, 655 (1939), the Supreme Court described the operation and function of a reciprocal…