Panel Upholds Judgment Against Insurance Agent On Breach Of Contract Claim

Panel Upholds Judgment Against Insurance Agent On Breach Of Contract Claim

DALLAS - A Texas appeals panel on March 28 affirmed a $2.7 million judgment in favor of an insurer and its reinsurer regarding their insurance agent's breach of an agency agreement (Gamma Group Inc. v. Transatlantic Reinsurance Co. and Home State County Mutual Insurance Co., No. 05-10-00705-CV, Texas App., 5th Dist.; 2012 Tex. App. LEXIS 2412).

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