Benbrook insurance lawyers at some point will have to deal with the Slayer Statute which is found in the Texas Insurance Code, Section 1103.151. In 1900, the Slayer Statute did not exist in Texas. A Texas opinion from that time illustrates how it works today. A person has to prove…
Articles Posted in Life Insurance
Life Insurance And The Right To The Proceeds
A 1955, Beaumont Court of Appeals case discusses a life insurance issue that comes up every once in a while. The case is styled, Pritchett v. Henry. Here is the relevant information from the case. Howard Pritchett and his wife, Clyda Pritchett, the appellants, filed their suit against the appellee,…
Life Insurance Company Unsure Who To Pay
Weatherford life insurance attorneys need to know what an insurance company will do when they are unsure who is entitled to life insurance benefits. The answer is that they will file an “interpleader” and notify all people who might have a claim. This was the procedure followed in a 1957…
Life Insurance – Interpleader
Fort Worth life insurance lawyers will see situations where a life insurance company admits it owes money under a life insurance policy but is unable to determine who is owed the money. The proper action is for the life insurance company to interplead the money into a court. A 1957,…
Life Insurance Interpleader
Dallas life insurance lawyers know what an interpleader is and the circumstances under which, cause insurance companies to interplead life insurance proceeds into the court. An old 1931 case illustrates this. The case is styled, McCormick v. Southwestern Life Ins. Co. and is from the Waco Court of Appeals. This…
ERISA Accidental Death Benefits
Dallas area attorneys handling life insurance benefits under an ERISA plan need to read this 5th Circuit opinion. It is styled, Judy Hagen v. Aetna Insurance Company; Hewlett Packard Company. David Hagen was an employee of Hewlett and had life insurance coverage under a company benefits plan administered by Aetna.…
Put Names On Those Beneficiary Forms Or Else
Springtown life insurance lawyers would want to know about an opinion from a Florida Court dealing with beneficiaries under a life insurance policy. The Court looked at the law in Florida at issue and then looked at the language of the policy and issued a ruling that many would disagree…
Life Insurance And The Texas Insurance Code
Weatherford insurance attorneys see all kinds of gimmicks by insurance companies in their attempts to not pay claims. One of these is to try and cause a beneficiary under a life insurance policy to believe they are not a proper party to make the claim. The U.S. District Court, Tyler…
Life Insurance And The DTPA
Life Insurance lawyers need to know the relevant issues regarding the Texas Deceptive Trade Practices Act (DTPA) and how they interact with life insurance policy issues. This is discussed to a certain extent in a recent U.S. District Court, Tyler Division opinion. It is styled, Marcia Slack v. The Prudential…
Insurance Companies Doing Wrong Again
Insurance Companies doing wrong again is a constant theme with Texas insurance lawyers. Day in and day out, claims get processed properly, but too many times they are not. The Texas Tribune published an article in September 2015, that illustrates one of the times an insurance company does wrong. The…