Citing the “difficult hurdle” of class certification’s predominance requirement, a Texas appellate court has ruled a trial court wrongly certified a class of life insurance beneficiaries who claim the insurance company should have been paying out statutory interest from the time of the policyholder’s death.
The Ninth Court of Appeals at Beaumont has ruled that the trial court abused its discretion in certifying a class of all Texas-resident beneficiaries or heirs who were paid death benefits during the class period based their connection to American General Life Insurance Co. policyholders.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]