U.S. Supreme Court won’t hear Iowa Insurance Commissioner’s appeal of Iowa Supreme Court decision
The U.S. Supreme Court will not hear the Iowa Insurance Commissioner’s appeal of a 2020 Iowa Supreme Court decision that the Federal Arbitration Act preempts Iowa’s statute governing liquidation of a failed insurance company. The U.S. Supreme Court’s denial of certiorari in the appeal of Ommen v. Milliman came in an order released March 1.
The case stems from the failure of CoOportunity Health Inc., an Iowa-based insurance company established under the Affordable Care Act…