Magistrate: Texas Code Requires Dismissing Statutory Claims In Reinsurance Row

Mealey's (September 14, 2021, 1:08 PM EDT) -- GALVESTON, Texas — Part of the Texas Insurance Code “broadly prohibits extra-contractual claims against a reinsurer,” a federal magistrate judge in Texas concluded in a Sept. 13 memorandum, recommending dismissal of a health insurer’s statutory claims against a reinsurer....