Cline v. Insurance Exchange

This case presents the question of whether a rule adopted by The Insurance Exchange of Houston, defining the eligibility of its members, violates the anti-trust statutes of Texas, Articles 7426, 7427, 7428, and 7437, Revised Civil Statutes of Texas.

Allyn R. Cline, an insurance agent, filed this suit against The Insurance Exchange of Houston, an incorporated association of insurance agents, and certain individual agents, for damages in the sum of $20,000.00 and for an injunction, alleging that the In-and-out Rule adopted by the Exchange, which provided that no member of the Exchange might…