Legal Opinion

Independent Insurance Agents of America, Inc. v. Board of Governors of the Federal Reserve System

Court of Appeals for the Eighth Circuit

Decided September 1, 1981No. 80-1879PublishedCited by 3 opinions

1Opinion of the Court

HEANEY, Circuit Judge.

On August 22, 1980, the Board of Governors of the Federal Reserve System (Board) approved, without a formal evidentiary hearing, the application of Mercantile Ban-corporation, Inc., (Mercantile) to engage in the sale of credit-related property and casualty insurance. Mercantile, the largest banking organization in Missouri, planned to sell insurance at each of its fifty-five banking locations in Missouri through a nonbank subsidiary to be called MBI Insurance Agency. The Independent Insurance Agents of America, Inc., and the Independent Insurance Agents of Missouri…

2Cases cited4 opinions

  1. Alabama Ass'n of Insurance Agents v. Board of Governors of Federal Reserve SystemCourt of Appeals for the Fifth Circuit · 1976
  2. American Bancorporation, Inc. v. The Board of Governors of the Federal Reserve System, and Northwest Bancorporation, Intervenor-Respondent. Springsted Incorporated v. The Board of Governors of the Federal Reserve System, and Northwest Bancorporation, Intervenor-RespondentCourt of Appeals for the Eighth Circuit · 1974
  3. Florida Association of Insurance Agents, Inc. v. Board of Governors of the Federal Reserve SystemCourt of Appeals for the Fifth Circuit · 1979
  4. Independent Insurance Agents of America, Inc. v. Board of Governors of the Federal Reserve SystemCourt of Appeals for the Fourth Circuit · 1981

3Cited by3 opinions

  1. Independent Insurance Agents Of America, Inc. v. Board Of Governors Of The Federal Reserve SystemCourt of Appeals for the Eighth Circuit · 1981
  2. Independent Insurance Agents of America, Inc., and Independent Insurance Agents of Missouri, Inc. v. Board of Governors of the Federal Reserve System, Intervenor (Commerce Bancshares, Inc.) for Independent Insurance Agents of America, Inc., and Independent Insurance Agents of Missouri, Inc. v. Board of Governors of the Federal Reserve System, Intervenor (Mercantile Bancorporation, Inc.) ForCourt of Appeals for the Eighth Circuit · 1984
  3. National Title Resource Agency, Inc. v. Board of Governors of the Federal Reserve SystemCourt of Appeals for the Eighth Circuit · 1995

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