A Cole County, MO., Circuit Court judge will hear arguments Aug. 14 on whether to issue a preliminary injunction against medical malpractice insurance sales by an unlicensed Virgin Islands-based company, Security Trust Insurance Ltd., doing business as Ameristar.
The Missouri Department of Insurance obtained a temporary restraining order against those sales, which remains in effect, but hearings on the preliminary injunction set for June 25 and July 7 had been continued.
Also named in order are American Association of Healthcare Practitioners, a group based in New Hampshire that helped market the policies, and Palladium International.
Security Trust was allegedly involved in schemes to market the insurance through local groups in St. Louis and Kansas City, placing thousands of Missouri doctors and their patients at risk.
Was this article valuable?
Here are more articles you may enjoy.
Florida’s Edison Files for 9.8% Average Residential Rate Drop
Product-Defect Presumption Lives On: Florida Appeals Court Upholds $103M vs. Ford
NHTSA Says Some Older Ford Cars, SUVs Pose Unreasonable Safety Risks
Trump’s Latest Tariffs Hit With New Lawsuit by 25 States 

