Legal Opinion

Angoff v. American Financial Security Life Ins. Co.

Missouri Court of Appeals

Decided November 9, 1993No. Nos. WD 47661, WD 47662PublishedCited by 6 opinions

1Opinion of the Court

TURNAGE, Chief Judge.

The Circuit Court of Cole County entered judgment placing American Financial Security Life Insurance Company (AFSLIC) into rehabilitation for operating in a hazardous condition because it wrote at excessive ratios of premiums to surplus, overstated its reinsurance credits and did not maintain the required amount of capital and surplus. AFSLIC appeals contending that it was not in a hazardous condition. Affirmed.

AFSLIC is a Missouri life insurance company which specializes in premium credit life and disability insurance for automobile financing contracts. The Missouri…

2Cases cited2 opinions

  1. Murphy v. CarronSupreme Court of Missouri · 1976
  2. STATE EX INF. VOIGTS, ETC. v. City of Pleasant ValleyMissouri Court of Appeals · 1970

3Cited by6 opinions

  1. Thomas A. Warmus v. Lewis Melahn James Oetting William HobbsCourt of Appeals for the Eighth Circuit · 1995
  2. Thomas A. Warmus v. Lewis Melahn James Oetting William HobbsCourt of Appeals for the Eighth Circuit · 1997
  3. Angoff v. American Financial Security Life Ins. Co.Missouri Court of Appeals · 1994
  4. Angoff v. Casualty Indemnity ExchangeMissouri Court of Appeals · 1997
  5. Jones v. EwellCourt of Appeals of Tennessee · 2000

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