Insurance Agent Opposes Reinsurer's Bid To Dismiss Suit Over Premium Demands

Mealey's (October 6, 2020, 11:14 AM EDT) -- FORT WORTH, Texas — Noting its dispute has been ongoing for more than two years, an insurance agent in an Oct. 2 brief tells a Texas federal court that there is no reason to dismiss its declaratory judgment action regarding a Cayman Islands reinsurer's potential future demands for the return of any premiums under a quota share reinsurance agreement (Contractor Managing General Insurance Agency, Inc. v. Greenlight Reinsurance, Ltd., No. 20-996, N.D. Texas)....