· 2/9/2007
State Farm Life Insurance Co. v. Martinez
Citations
- 216 S.W.3d 799
- 50 Tex. Sup. Ct. J. 406
- 2007 Tex. LEXIS 131
- 2007 WL 431043
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- stating that the “statute defines a ‘claim’ to . . . limit coverage to beneficiaries named in the policy”
- holding, in a life insurance case, that interpleader actions filed within sixty days are not unreasonably late
- explaining that after funds are deposited into registry, “interest accrues to its ultimate owner”
- “Assessing penalty interest and attorney’s fees after an interpleader is filed would punish insurers for doing exactly what Texas law encourages.”
- \Assessing penalty interest and attorney's fees after an interpleader is filed would punish insurers for doing exactly what Texas law encourages.\
- stating an “in-terpleader [that] merely delays payment ... should not toll the statute’s penalties” and “only the absence of rival claims justifies continuing statutory penalties after in-terpleader occurs”
Source: CourtListener parenthetical corpus (CC0).
Judges: Brister
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.