Untitled Texas Attorney General Opinion

honorable 0. P. Lockhart, Chairman Boerd of Insurance Commissioners Austin, Texas Zear Sir: Opinion NO. O-3387 Re: Insurance - Mutual assessment companies - increese of rate: Reduction of benefits Your request for opinion has been received and care- fully considered. We quote from your request as follows: “Section 17 of Senate Bill 135, passed by the Forty-sixth Legislature, reads as follows; “‘Payments on Certificates Alreedy in Force. If the oa.mnents of tf any associa- tion co&i&g within the scope of thi.s-Act, on certificates Issued and in force wh$n this Act takes effect, or the relnsurance or renewals of such certificates, shall prove insufficient to pay matured death and disability claims in the maximum amount stated in such policies or certlflcates, and to provide for the creation and maintenance of the funds required by its laws, such association may with the approval of the Board of Insurance Commissioners and after proper hearing before said Board provide for meeting such deficiency by additional, increas- ed or extra rates of payment, or by reduction in the maximum benefits stated in such pOliCi8S or certificates then in force, or by both such increased payments and reduced maximum benefits, or the members may be given the option of agree- ing to reduced maximum benefits, or of making Increased payments .I “After this lew was in effect, several mutual assessment insurance companies subject to Its provisions made application to the Board Honorable 0. P. Lockhart, Page 2 to Increase rates charged for their policies or to decrease pollcg benefits under Section 17. Cases in point are the Underwriters Life Insurance Company of Waco, which was author- ized by the Board in Its order, dated July 24, 1939, to increase rates; and the Provident insurance Company of Dallas, which was author- leed by the Board in its order, dated November 29, 1939, to revised benefits in certain poli- cies. Copies of the orders are attached. “Will you please advise if, In your opin- ion, the action taken by these companies In increasing rates and revising policy benefits under Section 17 of Senate Bill 135, following the Board’s orders, was legal?” inion No. 0-3763 of this department held Sec- tion 17 of 3 enate Bill 135, Acts of the 46th Legislature, unconstitutional. Because of the Importance of the ques- tion, the matter was reconsidered by this department, and upon reconsideration w8 again held said Section 17 un- constitutional, in limited conference opinion No. O-3763-A. Copies of these opinions have already been furnished you. As pointed out in opinion No. 0-3763-A, the courts of Texas have r8COgnis8d a clear distinction be- tween the reduction of benefits and the increase of rates with reference to mutual assessment insurance companies. We quote from said opinion as follows: “The raising of rates aside, we are bound by the law in T8xaS that the reduction of bene- fits in a mutual insurance contract constitutes an impairment of the obligations of such con- tract. In Supreme Council American Legion of Honor v. Batte, 79 S. W. 629, it was said: “‘In our opinion, however, the enact- ment of this by-law constituted a substan- tial repudiation of the contract. The bene- fit certificate upon its face provided for the payment of the sum of $5,000 out of the benefit fund of the order. The by-law was, In effect, an announcement that the ap- pellant would only pay $2,000 out of the Honorable 0. P. Lockhart, Page 3 benefit fund, and would only pay the remaining $3,000 provided that amount could be paid out of the emergency fund of the order * l *. The by-law itself was, In our opinion, unauthorized, and appellee might have treated it as void * * .*I “Wirtz v. Sovereign Camp, W. 0. W., 268 S.W. 438, by a special Supreme Court, expressly recog- nized and reaffirmed the doctrine of the Batte case as follows: “‘It does not appear to us that the Batte case, 34 Tex. Civ. App. 456, 79 S. W. 629, militates against what has been said above. That case did not directly involve the question of the right to increase rates; but the asso- ciation had issued a policy upon which they had agreed to pay, upon the death of the insured, $5,000, but it subse- quently changed the contract so as to make It liable for only $2,000, and the Court of Civil Appeals held -- and we think properly -- that there was a repudiation of the contract. * * * “‘That the stipulation or promise in p. contract, such as Is the basis of this action, that the insured will comply with and be bound by all future regula- tions or by-laws of the association, does not mean that the society may Interfere with the essential purpose of the con- tract, viz., the payment of the indemnity promised, or, in other words, cannot be construed as authorieing the society to repudiate a plain contract is clearly settled there is no doubt. * * *I “‘The distinction between reducing by means of a by-law or an amendment the amount stipulated in the most unqualified terms to be paid, and merely increasing Eon,rable 0. P. Lockhart, Page 4 by a by-law dues or assessments to such extent as is necessary to meet the exi- gency ensuing out of the changed finm- cial condition of the association brought about by decrease of membership by death or other causes, is obvious. “‘The first Is a violation and repudia- tion of an unambiguous contract, while the other is not, 1 “The doctrine of the Wirtz case was expressly recognized and reaffirmed in Supreme Lodge Ancient Order of Workmen v. Kemper, ljj S. W. (2d) 64, Pehearlng denled October 8, 1941. Before quoting with approval the above quoted language in the Wlrte case, the Beaumont Court of Civil Appeals said: “rThe law will enforce the contra- tual right of a life insurance corpora- tion to increase the amount of its monthly assessments against Its members. Supreme Lodge K. of P. v. Mims, Tex. Civ. APP., 167 s. w. 835. But the right to Increase assessments dqes not authorize . the corporation to diminish the amount payable under its certificate. . .I “Therefore, Section 17 of Senate Bill 135 In its express authorization to mutual Insurance associations to reduce benefits authorizes the Impairment of obligations of contract, Is vlo- lative of Section 16, Article 1, of the Texas Constltution, and cannot, under the pronounce- ments, of the Supreme Court of Texas, be upheld as a valid and constitutional exercise of the police power of this State.” We quote from the Wlrtz case, supra, as follows: “That the stipulation or promise in a contract such as is the basis of this action, that the insured will comply with and be bound by all future regulation3 or by laws of the association, does n.ct mean that the society Honorable 0. P. Lockhart, Page 5 may interfere with the essential purpose of the contract, vie., the payment of the in- demnity promised, or, in other words, cannot be construed as authorizing the society to repudiate a plain contract is clearly set- tled there is no doubt. Xorton v. Sunreme. etc., loo MO. App. 76, 73 s. W. 264, i9 . S. W. 629; Erlcson v. Supreme, etc., 105 Tex. 170, 146 s. w. 16~. “Such hoiding, however, is equally sound in law and in morals, but it is, however, also settled law that benevolent societies may increase their rates within reasonable limits In order to enable them to meet their obllgatlons, and in doing so they violate no contract, ” The right of a benevolent or a mutual assessment insurance association to increase its rates is, of course, limited to the extent that such increase must be reasonable and necessary. For example, in the case of Ericson v, Supreme Ruling of Fraternal Mystic Circle, 146 S. W. 160 (Supreme Court of Texas), where the assessment of a member yo;s;;;reased from $3.30 to $23.16 a month, without his the Supreme Court held under the facts of that case th;t this was a repudiation of the contract and that the member was entitled to a judgment against the society for all assessments paid with interest. In answer to your question, you are respectfully advised that it is the opinion of this department that since Section 17 of Senate Bill 135, 46th Legislature of Texas, is unconstitutional, orders of the Board of Insur- ance Commissioners based thereon are of no force and effect. It is our further opinion that mutual assessment insurance companies cannot legally reduce benefits promised its mem- bers in its policies without the consent of such members and policyholders. It is our further opinion that mutual assessment Insurance companies have the right to increase their rates to the extent that they are reesonable and necessary. The question of reasonableness and necessity, of course, is a fact question to be determlned by the facts in each case. Honorable 0. P. Lockhart, Page 6 This opinion Is not to be construed as specifically passing on the legality of the acts of the insurance companies named in your letter, in raising rates or reducing benefits, as we have not been furnished with copies of their policy contracts, nor have we been furnished information as to whether such reductions of benefits were made with the consent of the policy holders of the company, and we have not been Informed whether the increased rates are reasonable and necessary. In other words, the legality or Illegality of the acts of the insurance companies In raising rates or reducing benefits will not be determined by Section 17 of Senate Bill 135, but will be determined by the policy contracts In each case and by all the facts in each cask. - Trust lng that this sat isfactorlly answers your ln- qulry, we are Very truly yours ATTORNEYGENERALOF TEXAS BY WJF:GO APPROVEDDEC. 18, 1941 /s/ Grover Sellers FIRST ASSISTANT ATTORNEYGENERAL APPROVEDOPINION COMMITTEE By: /s/ B. W. B., Chairman