Herndon v. Massachusetts General Life Insurance
District Court, W.D. Virginia
1Opinion of the Court
MEMORANDUM OPINION
WILLIAMS, Senior District Judge.
I. Facts and Procedural History
The deceased, Joseph Herndon, obtained a life insurance policy in the amount of $150,-000 from Massachusetts General Life Insurance Company (“MGL”) on March 10, 1992. In order to secure a loan, Mr. Herndon later assigned his interest in the policy to Rich-lands National Bank (“Richlands”). The assignment was properly recorded by MGL.
Mr. Herndon apparently stopped paying the premiums on the life insurance policy at some time before August, 1993. On August II,1993, MGL sent a letter addressed to Mr. Herndon which…
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- Ampy v. Metropolitan Casualty Insurance Co. of New YorkSupreme Court of Virginia · 1958
- Frankel v. ICD Holdings S.A.District Court, S.D. New York · 1996
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