Insurance attorneys need to understand what can be done when an insurance company files for bankruptcy. To start with, when an insurance company becomes insolvent they do not file for bankruptcy, they become “insolvent.” Companies that write insurance policies in Texas are heavily regulated, and the Texas Legislature has provided…
Dallas Fort Worth Insurance Lawyer Blog
Suing An Agent
Mansfield insurance attorneys understand the Texas Insurance Code definitions to be used and how they apply when suing an insurance agent. A 1997, Texas Supreme Court discusses this. The style of the case is, Liberty Mutual Insurance Company v. Garrison Contractors. The primary issue in this case is whether an…
Insanity And Life Insurance
Life insurance attorneys in Texas won’t run across this situation very often but if they do here is a case for guidance. The San Antonio Court of Appeals issued an opinion in 1964, dealing with the issue of whether or not a beneficiary is excluded from recovery of the life…
Life Insurance Policy And Insanity
Arlington life insurance lawyers will not see this very often. Maybe never. But here it is. The Beaumont Court of Appeals issued this interesting 1975 opinion in this case styled, W.O. Hair v. Pennsylvania Life Insurance Co. W. O. Hair, plaintiff below, sued Pennsylvania Life Insurance Company, alleging a cause…
Slayer Statute And Self Defense
Fort Worth life insurance lawyers know that the Texas Slayer Statute is found in the Texas Insurance Code, Section 1103.151. It says “A beneficiary of a life insurance policy or contract forfeits the beneficiary’s interest in the policy or contract if the beneficiary is a principle or an accomplice in…
Forfeiting Life Insurance Benefits
Dallas life insurance lawyers probably already know this case. It is a 1992, 5th Circuit opinion styled, Metropolitan Life Insurance Co. v. Teddy White v Leslie Yohey. Leslie Yohey appeals an adverse summary judgment dismissing his claim for life insurance proceeds against Metropolitan. Terri Yohey was the named insured under…
Who Recovers Life Insurance Benefits When The Beneficiary Is Responsible For The Death Of The Insured
Life insurance lawyers will be faced with the above question more times than would be imagined. Fortunately the question is answered in the Texas Insurance Code and in Federal law cases. One example is a case from the Northern District of Texas, Dallas Division. The opinion is styled, American National…
PIP
Insurance lawyers handling Personal Injury Protection (PIP) claims will find this article about Florida PIP claims to be interesting. While Florida laws are different than Texas PIP laws, they are not much different. Texas PIP laws are found in the Texas Insurance Code statutes beginning with 1952.151. And don’t forget…
Driving Without Insurance
All insurance lawyers will tell you to make sure there is insurance on your auto. But guess what, criminal lawyers will tell you the same. Let’s start with the insurance lawyers. A recent article from the Claims Journal discusses what is happening in the State of Louisiana. The article is…
Owed Vehicle Exclusion
Texas auto policy owners and their insurance lawyers need to know that the law discussed in this Missouri story is similar to the law in Texas. This story comes from the Claims Journal and is titled, Owned Vehicle Exclusion Defeats Underinsured Motorist Claim. Here is what the story says. A…