State ex rel. Grimes v. Oklahoma Property & Casualty Insurance Guaranty Ass'n

MEMORANDUM OPINION

ADAMS, Presiding Judge:

Appellant Oklahoma Property and Casualty Insurance Guaranty Association (Association) appeals from an order of the trial court accepting the final report of Receiver, Insurance Commissioner of the State of Oklahoma and distributing the remaining assets of insolvent Town and Country Insurance Corporation.

Town and Country was declared insolvent on September 13, 1983, pursuant to an application filed by Receiver. Liquidation proceedings continued for over four years with several claims being paid by both Receiver and Association. In January of 1988,…