Wisconsin Town Mutual Reinsurance Co. v. Calumet County Mutual Fire Insurance

The following opinion was filed January 12, 1937 :

Fairchild, J.

Mutual reinsurance would necessarily carry with it liability for an assessment, the payment of which may be enforced by an action at law. The complaint in this case sets forth all facts which must be proved to sustain a recovery, including the fact that the defendant was a member liable to assessment. The trial court was of the opinion that certain formalities required by statute had not been duly observed. A reference to the decision and the findings in the circuit court shows that the central issue is as to defendant’s…