Independent Insurance Consultants, Inc. v. First State Bank

Conley Byrd, Justice.

This litigation arises out of the conduct of Woody H. Tague an employee of appellant, Independent Insurance Consultants, Inc., immediately prior and subsequent to the death of Dale M. O’Brien. It appears that Dale M. O’Brien was the owner of the Dale M. O’Brien Insurance Agency and in that capacity contracted with Woody H. Tague to assist in the writing of the insurance business. After the employment contract was entered into the appellant was formed with O’Brien owning 60% of the stock and Tague the other 40%. Under this arrangement the insurance was written through the…