3509

(1) Any cause of action against a Lloyd’s insurer may be instituted against any one or more of: The attorney-in-fact; the individual insurers or underwriters jointly or any number of them; any individual insurer or underwriter.\n(2) Any judgment rendered against any one or more of the parties defendant as specified in subsection (1), in an action arising out of the insurance transactions of the Lloyd’s insurer, shall be equally binding on each and all of the individual insurers or underwriters, whether or not named as parties to the action. Any such individual insurers or underwriters having to make a payment over and above his proportional participation, shall be fully entitled to reimbursement therefor by the other insurers or underwriters.\n(3) Service of process upon a Lloyd’s insurer, or upon any individual underwriter or underwriters as such, shall be upon the attorney-in-fact or upon the Commissioner, as provided in § 327 of this title.\nHistory —Ins. Code § 35.090.