Discovery Stay Denied In Suit Between Insurer, Ex-CEO Over Legal Bills Dispute

( August 18, 2025, 1:44 PM EDT) -- DALLAS — A Texas federal judge denied a motion to stay discovery pending resolution of a former insurance CEO’s motions for partial summary judgment on advancement of incurred legal fees and dismissal of his former employer’s counterclaims, stating that “neither the breadth nor the burden of discovery warrants a stay” in the case, which is centered on allegations that the former CEO manipulated the insurer’s claims reserves, resulting in financial losses from a terminated loss portfolio transfer (LPT) reinsurance contract....