Legal Opinion
Union Savings American Life Insurance v. North Central Life Insurance
District Court, S.D. Mississippi
Decided February 2, 1993No. Civ. A. S89-0435 (M)PublishedCited by 3 opinions
1Opinion of the Court
ORDER AND REASONS
MITCHELL, Senior District Judge.
A. Introduction
This action arises out of a “fronting” arrangement between Union Savings American Life Insurance Company of Pascagoula, Mississippi [hereinafter “USA Life”] and North Central Life Insurance Company of Saint Paul, Minnesota [hereinafter “NCL”] and its wholly-owned subsidiary, Financial Life and Annuity Insurance Company (an Arizona corporation) [hereinafter “FLA”] for the sale of credit life insurance. A fronting arrangement is a reinsurance device used by a company, not qualified or licensed to do business in a particular state,…
2Cases cited44 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Wild v. RarigSupreme Court of Minnesota · 1975
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3Cited by3 opinions
- Equity Group, Ltd. v. Painewebber Inc.District Court, District of Columbia · 1993
- Allendale Mut. Ins. Co. v. Excess Ins. Co., Ltd.District Court, S.D. New York · 1997
- Allendale Mutual Insurance v. Excess InsuranceDistrict Court, S.D. New York · 1997