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American General Life Insurance Co. v. Corzo

Court: ND Tx  04/01/2021  Life Insurer Granted Discharge but Disbursement Denied

After interpleading life insurance proceeds into registry of court pending resolution of claims between competing beneficiaries, and after insurer was granted entry of default against one beneficiary, a court of the Northern District of Texas granted life insurer's motion to be discharged from liability but denied motion to disburse funds absent default judgment taken separately by beneficiaries against the beneficiary that failed to appear.

life insurance policy, comepting beneficiaries, interpleader action, disbursement of funds, entry of default, default judgment, motion for discharge, motion to disburse, registry of court

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