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COCKRELL v. GRIMES

No. 65046.

740 P.2d 746 (1987)

David COCKRELL, d/b/a Cockrell Insurance Agency, Plaintiff, Commercial Bank, N.A., Oklahoma City, Okla., Intervenor, Appellants, v. Gerald GRIMES, Insurance Commissioner of the State of Oklahoma, Receiver for the United Equity Life Insurance Company; Oklahoma Life and Health Insurance Guaranty Association; and United Equity Life Insurance Company, a licensed domestic insuror in the State of Oklahoma, Appellees.

Court of Appeals of Oklahoma, Division No. 3.

Rehearing Denied May 5, 1987.

Certiorari Denied June 30, 1987.

As Corrected August 20, 1987.

Attorney(s) appearing for the Case

Barry Simms, Oklahoma City, for appellant, David Cockrell.

Bart A. Boren, Oklahoma City, for appellant, Commercial Bank, N.A.

Bert E. Marshall, Oklahoma City, for appellee, Gerald Grimes.

James W. Rhodes, Oklahoma City, for appellee, Oklahoma Life and Health Guar. Assn.

Released for Publication by Order of the Court of Appeals of Oklahoma, Division No. 3.

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...

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