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ESTATE OF REDDING v. WELBORN

No. COA04-529.

612 S.E.2d 664 (2005)

In the Matter of the ESTATE OF John L. REDDING, incompetent, through his General Guardian, Thomas Gary Redding; Thomas Gary Redding, Individually; Blanche Redding; and Rebecca Redding; Plaintiffs-Appellants, v. Thomas A. WELBORN, also known as (aka) and doing business as (dba) Welborn and Associates, and aka and dba Welborn and Associates, Inc.; aka and dba Select Marketing Plans, Inc.; aka and dba Northwest General Insurance Agency; Roger Russell; Select Marketing Plans, Inc.; Financial Independence Group, Inc.; LifeUSA Insurance Company; and Allianz Life Insurance Company of North America (aka Allianz Life, and LifeUSA), all of the above dba LifeUSA; Defendants-Appellees.

Court of Appeals of North Carolina.

May 17, 2005.

Attorney(s) appearing for the Case

George Francisco, PC, by George Francisco, Winston-Salem, for plaintiffs-appellants.

Brooks, Pierce, McLendon, Humphrey & Leonard, L.L.P., by Brian J. McMillan, Greensboro, Leonard, Street & Deinard, P.A., by Donald T. Campbell, Minneapolis, MN, for defendants-appellees.

McGEE, Judge.

Plaintiffs appeal from the trial court's order entering summary judgment in favor of defendants LifeUSA Insurance Company and Allianz Life Insurance Company of North America (collectively LifeUSA1).

LifeUSA, an insurance and securities broker, offers a variety of insurance products, including fixed annuities. LifeUSA sold its products through state-licensed independent...

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