United States Fifth Circuit

Where a company self-insured under Texas law, but diversified its risk by purchasing life insurance on the lives of its workers, the insurance company properly paid on the death of a worker, and the company held the proceeds in trust for the correct beneficiary, the estate of the victim.

Appellate Information

• Decided 07/18/2001
• Published 07/18/2001

Judges

• PATRICK E. HIGGINBOTHAM, Circuit Judge:, Before REYNALDO G. GARZA, HIGGINBOTHAM and SMITH, Circuit Judges.

Court

• United States Fifth Circuit

Counsel

• For Appellant:
  
• Scott M. Clearman (argued), Dwaine M. Massey, Michael Dane Myers, McClanahan & Clearman, Houston, TX, for Plaintiff-Appellant.


• For Appellees:
  
• Dan K. Horn, John Mark Weaver (argued), Maloney, Bean & Horn, Irving, TX, for Defendants-Appellees.