Reinsurer Seeks Dismissal Of Insurance Agent's Suit Over Future Demands On Premiums

Mealey's (September 14, 2020, 2:36 PM EDT) -- FORT WORTH, Texas — A Cayman Islands reinsurer in a Sept. 11 motion seeks dismissal of an insurance agent's preemptive declaratory judgment suit in a Texas federal court for breach of a quota share reinsurance agreement because the agent does not allege an "actual controversy" over the reinsurer's potential future demands for the return of any premiums (Contractor Managing General Insurance Agency, Inc. v. Greenlight Reinsurance, Ltd., No. 20- 996, N.D. Texas)....