376.1045. Injunctive relief, director may seek, when--procedures. - Missouri Statutes

Injunctive relief, director may seek, when--procedures.

376.1045. The director may, in addition to any other remedyor sanction authorized under the insurance laws of this state,seek injunctive relief against any unauthorized insurer undersection 375.786, RSMo, or any unauthorized multiple employerself-insured health plan under sections 376.1000 to 376.1045.Pursuant to such injunctive relief, the court may order suchunauthorized insurer or plan to pay money sufficient to pay forthe outstanding claims of residents of this state against suchinsurer or plan and for the adjustment of such claims and theadministration of such claims and adjustment. The money shall bepayable to any fund established by the director for the purposesof this section. Such fund shall be controlled and administeredby the director and his appointees, subject to the supervision ofthe court. The director and his appointees shall be subject tojudicial immunity for any acts or omissions within the scope ofestablishing, controlling or administering such fund.

(L. 1993 H.B. 709 § 40)