Judge Remands Insolvent Insurer Dispute, Cites Lack Of Subject Matter Jurisdiction

Mealey's (August 29, 2022, 1:46 PM EDT) -- TRENTON, N.J. — A New Jersey federal judge on Aug. 25 granted the New Jersey insurance commissioner’s motion to remand in a suit against the Pennsylvania insurance commissioner as rehabilitator of an insolvent insurer in a dispute over long-term care policy premium rate changes absent proper authority, finding that the federal court lacks subject matter jurisdiction because the complaint fails to raise a federal question and the parties lack diversity....