Judge: Farming Co-op May Not Pay Premium Rebates In Reinsurance Years

Mealey's (June 7, 2017, 3:49 PM EDT) -- TOLEDO, Ohio — After a merger with a non-grandfathered cooperative, a farming cooperative lost its status as an entity approved to make premium-rebate payments for 2005, 2006 or 2007 reinsurance years, an Ohio federal judge ruled June 6 (Sunrise Cooperative Inc. v. U.S. Department of Agriculture, et al., No. 16CV1297, N.D. Ohio, 2017 U.S. Dist. LEXIS 86696)....