Legal Opinion
Hall v. Globe Life & Accident Insurance Co.
Supreme Court of Oklahoma
Decided November 9, 1999No. 91438PublishedCited by 17 opinions
1Opinion of the CourtHodges, J.
¶ 1 The issue in this case is which statute applies in determining the rate of prejudgment interest applicable to a jury award against a life insurance company for the proceeds of a-.life insurance policy. This Court holds that the 15% rate specified in section 3629 of title 36 of the Oklahoma Statutes applies to this matter.
¶ 2 Olga Hall purchased a life- insurance policy from Globe Life Accident Insurance Company on her husband, Kenneth Hall in the amount of $22,222.00. Ten months later, when Mr. Hall died, Globe Life refused to pay the claim. The widow sued for the proceeds of the policy…
2Cases cited1 opinion
- State Ex Rel. Trimble v. City of MooreSupreme Court of Oklahoma · 1991
3Cited by17 opinions
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