Life insurance lawyers in Texas know what the “Slayer Statute” says. It has been in use for many years. A 1973, Eastland Court of Appeals case talks about this statute. The case is styled, Cooley v. Cooley. Mutual Life Insurance Company of New York brought an interpleader action to determine…
Life insurance attorneys in Dallas can tell you about Section 1103.151 of the Texas Insurance Code. It is often times called the “Slayer Statute.” Here is a 1969, Fort Worth Court of Appeals opinion that dealt with the Slayer Statute when it was Article 21.23 of the Insurance Code. This…
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…
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,…
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…
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,…
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…
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.…
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…
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…