Casualty Reciprocal Exchange v. Missouri Employers Mutual Insurance Co.

COVINGTON, Judge.

Appellant, Casualty Reciprocal Exchange (CRE), challenges the constitutionality of the Missouri Employers Mutual Insurance Company Act (Act), which created respondent, Missouri Employers Mutual Insurance Company (MEM). See. 287.900 et seq.1 CRE claims that MEM is a private corporation that was created by a special law in violation of the Missouri Constitution. Mo. Const, mt. XI, sec. 2; Mo. Const, art. Ill, secs. 1.0(28), 40(80). CRE also alleges that the Act’s five million dollar loan authorization, secs. 287.919.1, 287.690.2, and its authorization of MEM’s revenue bonds,…