Interview with Renne Allred, Jr., an attorney for the Receiver (State Insurance Board). The interview includes Allred's experiences during the Texas insurance scandals of the mid-1950s, James Allred's gubernatorial campaigns, early insurance litigation, appointment as assistant state attorney general (1953), state insurance frauds and scandals, and the U. S. Trust and Guaranty case. It also includes his relationship with the Texas Insurance Board, and his opinions on accounting and bookkeeping irregularities, Texas Mutual and General American cases, the role of Byron Saunders, legislative investigating committees, fraudulent activities of Ben Jack Cage, the roles of Texas Attorneys General Will Wilson and John Ben Sheppard, the suit against Republic Bank of Dallas and the role of Ralph Yarborough.