DELEON v. LLOYD'S LONDON, CERTAIN UNDERWRITERS, 00-20120
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.
- Decided 07/18/2001
- Published 07/18/2001
- PATRICK E. HIGGINBOTHAM, Circuit Judge:, Before REYNALDO G. GARZA, HIGGINBOTHAM and SMITH, Circuit Judges.
- United States Fifth Circuit
- 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.