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Home / Opinion Digests / Insurance / Insurance – Life – Assignment – Insured’s Beneficiary Designation – Interpleader (access required)

Insurance – Life – Assignment – Insured’s Beneficiary Designation – Interpleader (access required)

  Even though Carla Durham, who was insured by the life insurance policy at issue, named defendant Hiller as her beneficiary, since (1) the policy was owned by Durham’s company, (2) her company assigned the policy to defendant A.E. Pennebaker Co. in exchange for a line of credit, and (3) there is no evidence that the ...

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