Legal Opinion
State Ex Rel. Crawford v. Guardian Life Insurance Co. of America
Supreme Court of Oklahoma
Decided February 3, 1998No. 84563PublishedCited by 14 opinions
1Opinion of the Court
*1237WATT, Justice,
FACTS AND PROCEDURAL HISTORY
¶ 1 In 1986 Guardian Life Insurance Company and Life Insurance Company of Pennsylvania made a reinsurance agreement. American Standard Life Insurance Company acquired Life Insurance Company of Pennsylvania’s rights and obligations under the Agreement in 1987. On November 1, 1988, an amendment to 36 O.S. § 1928, § 1928.B.4, became effective.1 Prior to this amendment § 1928 mandated that the credits and debts between a failed insurance company and its reinsurer would be offset so that only the balance was owed. The 1988 amendment fundamentally changed…
2Cases cited4 opinions
- Gerald Grimes v. Crown Life Insurance CompanyCourt of Appeals for the Tenth Circuit · 1988
- Forest Oil Corp. v. Corporation Com'n of OklahomaSupreme Court of Oklahoma · 1991
- Texas County Irrigation & Water Resources Ass'n v. Oklahoma Water Resources BoardSupreme Court of Oklahoma · 1990
- Unit Petroleum Co. v. Oklahoma Water Resources BoardSupreme Court of Oklahoma · 1995
3Cited by14 opinions
- Starkey v. Oklahoma Department of CorrectionsSupreme Court of Oklahoma · 2013
- World Publishing Co. v. WhiteSupreme Court of Oklahoma · 2001
- CNA Insurance Co. v. EllisSupreme Court of Oklahoma · 2006
- Reimers v. State Ex Rel. Department of CorrectionsCourt of Civil Appeals of Oklahoma · 2011
- Tinker Federal Credit Union v. JohnsonCourt of Civil Appeals of Oklahoma · 2016
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