Spangler v. Jones

OPINION

LAGARDE, Justice.

Mike Spangler, appellant, appeals from an instructed verdict granted in favor of Orville Jones, appellee. 1 Spangler raises three points of error, all complaining of the instructed verdict; Jones raises one cross-point. For reasons that follow, we reverse and remand this cause to the trial court for a new trial.

Jones and Conner were owners of a corporation called National Insurance Managers, Inc. (NIMI). Jones owned 60% and Conner owned 40%. 2 NIMI placed excess and surplus lines of insurance for clients through an insurance company and, as a result of the placement,…