Insurer Seeks Judgment On Insured’s Declaratory Judgment As To Premium Costs Increase

Mealey's (September 16, 2019, 12:39 PM EDT) -- DALLAS — Because insurance policies are not “unconscionable adhesion contracts” and an insured’s due process rights were not violated, an insurer argues in a Sept. 11 reply to a Texas federal court that it is entitled to summary judgment on a declaratory judgment claim concerning an increase in premium costs because it followed an assumption reinsurance agreement and another insurer’s rehabilitation plan (Don B. Chae v. American Fidelity Assurance Co., No. 19- 157, N.D. Texas)....