Legal Opinion
Foster v. World Life & Health Insurance
Commonwealth Court of Pennsylvania
Decided May 23, 1991No. 107 Misc. Docket 1991Published
1Opinion of the Court
CRUMLISH, Jr., Senior Judge.
World Life and Health Insurance Company of Pennsylvania (World Life) has filed a petition asking that we order the proceedings in this matter be placed under seal.1 We deny this petition for the reasons set forth below.
*142 The Statute
Article V of the Insurance Company Law of 1921, 40 P.S. §§ 221.1-221.63, (Article V), provides for a comprehensive means of monitoring and regulating the solvency of insurance companies. It authorizes the Insurance Commissioner to undertake certain actions to protect insureds, creditors and the general public when the condition of an…
2Cases cited3 opinions
- United States v. CridenCourt of Appeals for the Third Circuit · 1981
- Muir v. Transportation Mutual InsuranceCommonwealth Court of Pennsylvania · 1987
- Foster v. Westmoreland Casualty Co.Commonwealth Court of Pennsylvania · 1988