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Fric v. Allstate Life Insurance

Court: SD Tx  03/26/2023  Life Insurer Did Not Breach Electronic Funds Transfer Agreement in Policy Lapse Dispute

A court for the Southern District of Texas resolved cross motions for summary judgment in favor of life insurer, holding that an electronic funds transfer agreement is a contract, but that the life insurer did not breach the agreement and that the beneficiary had not presented evidence of an independent injury.

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