LOKEN, Chief Judge.
United of Omaha Life Insurance Company issued a $500,000 term life policy effective August 1, 1996. The insured, John L. Rauch, died on June 26, 1998. The beneficiary of record, Pioneer Nursing and Rehab Center, Inc. ("Pioneer"), filed a claim for the policy proceeds that United of Omaha denied. Pioneer sued. United of Omaha eventually settled the lawsuit for $390,500 and commenced this suit for indemnification against the broker who procured the...
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