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Metropolitan Life Insurance Co. v. Soto

Court: WD Tx  11/04/2020  Settlement Between Competing Beneficiaries did not Render Dispute with Life Insurer Moot

After a life insurer paid benefits to a decedent's spouse on the presumption that the policy did not contain a beneficiary form, but later discovery revealed the decedent had filed a form designating a different beneficiary, the insurer sought to recover the payment from the spouse, who then settled with the designated beneficiary, but the settlement did not render the insurer's claw-back claims moot to support dismissal.

life insurance policy, death benefits, competing beneficiaries, interpleader action, wrongful payment, claw-back claims, mootness, motion to dismiss

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