International Service Insurance Company v. Jackson

GRAY, Justice.

This suit was filed by appellants, International Service Insurance Company and Fort Worth Lloyds, against appellees, the State Board of Insurance and the Commissioner of Insurance, to set aside an order of the Board prescribing the form of statements to be used in fire insurance policies wherein it is stated that the said policy is 100% reinsured in another company. The order is applicable to all insurance companies writing fire insurance and permits the statement to be used only when the original insurer and the reinsurer are permitted by law and the rules and regulations of…