FOSTER v. MUTUAL FIRE INS.


531 Pa. 598 (1992)

614 A.2d 1086

Constance B. FOSTER, Insurance Commissioner of the Commonwealth of Pennsylvania v. The MUTUAL FIRE, MARINE AND INLAND INSURANCE COMPANY. Appeal of COMMITTEE OF POLICYHOLDERS at Nos. 28/71 1989. Appeal of COLONIAL PENN GROUP, INC. at No. 15/90. Appeal of ALLSTATE INSURANCE COMPANY at No. 16/90. Appeal of AIG RISK MANAGEMENT, et al. at No. 17/90. Appeal of PEPSI-COLA BOTTLING CO. OF CHARLOTTE, INC., et al. at No. 18/90. Appeal of FIREMAN'S FUND INSURANCE CO. and Interstate Fire and Casualty Co. at No. 19/90. Appeal of COMMITTEE OF POLICYHOLDERS at No. 20/90. Appeal of EVANSTON INSURANCE CO. at No. 21/90. Appeal of RLI INSURANCE CO. at No. 22/90. Appeal of PA. INSURANCE GUARANTY ASSN. (PIGA) at No. 23/90. Appeal of The MEMBER COMPANIES OF the REPUBLIC INSURANCE GROUP, et al. at No. 24/90.

Supreme Court of Pennsylvania.

Decided August 21, 1992.


Attorney(s) appearing for the Case

Harold E. Kohn, David H. Weinstein, Robert S. Kitchenoff, Philadelphia, Richard A. Brown, Spencer L. Kimball, Washington, D.C., Pro Hac Vice, for appellants in No. 28/71.

David L. Cohen, Darryl J. May, Walter M. Einhorn, Jr., Philadelphia, for appellants in No. 15/90.

Robert E. Kerper, Jr., Joseph F. Hutchinson, Jr., Marc B. Merklin, Akron, Ohio, Pro Hac Vice, for appellants in No. 16/90.

Marcy B. Tanker, Philadelphia, for appellants in No. 17/90.

Robert J. Donaghy, Newtown, for appellants in No. 18/90.

Warren L. Dennis, Washington, D.C., for appellants in No. 19/90.

Harold E. Kohn, David H. Weinstein, Robert S. Kitchenoff, Philadelphia, Richard A. Brown, Spencer L. Kimball, Washington, D.C., Pro Hac Vice, for appellants in No. 20/90.

Edward C. German, Kathleen M. Carson, Philadelphia, for appellants in Nos. 21/22-90.

Carl M. Martin, II, Philadelphia, for appellants in No. 23/90.

Edward F. Mannino, James D. Morris, Philadelphia, for appellants in No. 24/90.

Kathleen E. Torbit, Philadelphia, Richard DiSalle, Roger Curran, Susan Hileman Malone, Bruce C. Fuchs, Pittsburgh, for C.B. Foster, Ins. Com. of Comm. in Nos. 28/71-1989.

Robert H. Levin, Myron A. Bloom, Debbie S. Buchwald, Philadelphia, for C.B. Foster, Ins. Com. of Comm. in Nos. 15-24-1990.

Richard C. Biedrzycki, Philadelphia, for Excess Mut. Reinsurance Co.

Before NIX, C.J., and LARSEN, FLAHERTY, McDERMOTT, ZAPPALA, PAPADAKOS and CAPPY, JJ.


OPINION

NIX, Chief Justice.

This is an appeal from the Order of the Commonwealth Court modifying, and then approving, a Rehabilitation Plan ("Plan") for Mutual Fire, Marine and Inland Insurance Company ("Mutual Fire") submitted by Appellee, Constance Foster, Insurance Commissioner of the Commonwealth of Pennsylvania ("Commissioner or Rehabilitator"), pursuant to Section 515(a) of Article V of the Act of May 17, 1921, P.L. 789, as amended, by the Act...

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