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CROWNE INVESTMENTS, INC. v. BRYANT

1920619.

638 So.2d 873 (1994)

CROWNE INVESTMENTS, INC.; and Monroeville Nursing Home, Inc., d/b/a Englewood Health Care Center v. George E. BRYANT.

Supreme Court of Alabama.

March 25, 1994.

Attorney(s) appearing for the Case

Frank A. Hickman and J. MacDonald Russell, Jr. of Hartley, Hickman and Russell, Greenville, for appellants.

Terry McElheny of Dominick, Fletcher, Yeilding, Wood & Lloyd, P.A., Birmingham, for appellee.

On Application for Rehearing

INGRAM, Justice.

The opinion of October 29, 1993, is withdrawn and the following opinion is substituted therefor.

This appeal arises out of Inter-American Insurance Company's refusal to pay death benefits under certain life insurance policies. After the death of the insured, the beneficiaries, who had been co-owners of stock with the insured, filed fraud and negligence claims against Inter-American and the agent...

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