Cockrell v. Grimes

HUNTER, Judge:

Appellant, David Cockrell, was an agent for United Equity Life Insurance Company, (UELIC) under a written agency contract, last approved by the Oklahoma State Insurance Commissioner on March 27,1984. On April 24, 1984, the Appellee, Gerald Grimes, State Insurance Commissioner, (Commissioner) applied for Receivership and Rehabilitation of UELIC and was appointed receiver of UELIC by the District Court of Oklahoma County. The Order Appointing Receiver also provided for notice to Appellee, Oklahoma Life Health Guaranty Association, (Association). Until liquidation of UELIC occurs,…