Magistrate Recommends Judgment For Insurer In Premium Costs Increase Case

Mealey's (February 21, 2020, 11:59 AM EST) -- DALLAS — A Texas federal magistrate judge on Feb. 18 recommended that an insurer be granted summary judgment on an insured’s declaratory relief claim over an increase in premium costs because the insured was given sufficient notice of the insurer’s assumption reinsurance agreement and another insurer’s rehabilitation plan (Don B. Chae v. American Fidelity Assurance Co., No. 19-157, N.D. Texas)....