NEW YORK - The Second Circuit U.S. Court of Appeals on March 18 affirmed the dismissal of a Racketeer Influenced and Corrupt Organizations (RICO) Act, 18 U.S. Code Section 1961, et seq., lawsuit filed by the sole shareholder of an insolvent insurance company against state agencies regarding the handling of the shareholder's claim (Petrosurance Inc. v. National Association of Insurance Commissioners and the National Conference of Insurance Guaranty Funds Inc., No. 12-3906, 2nd Cir.; 2013 U.S....(read more)![]()
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