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INSURANCE AFFILIATES, INC. v. O'CONNOR

Civ. A. No. 81-K-450.

522 F.Supp. 703 (1981)

INSURANCE AFFILIATES, INC., a Colorado corporation, Plaintiff, v. The Honorable Phillip R. O'CONNOR, Director of Insurance for the State of Illinois, in his official capacity as Receiver and Liquidator of Reserve Insurance Company; and Reserve Insurance Company, an Illinois corporation, Defendants.

United States District Court, D. Colorado.

September 22, 1981.

Attorney(s) appearing for the Case

Thomas E. Frank, Evergreen, Colo., for plaintiff.

Richard L. Harring, Calkins, Kramer, Grimshaw & Harring, Denver, Colo., for defendants.

MEMORANDUM OPINION AND ORDER

KANE, District Judge.

Plaintiff was the Colorado agent for defendant Reserve Insurance Company. In May, 1979 an Illinois state court found Reserve to be insolvent and ordered its liquidation. In February, 1981 plaintiff filed this action in Colorado state court, seeking a declaration that it was not obligated to remit unearned premiums to Reserve, an injunction barring defendants from proceeding against plaintiff for unearned...

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