1. Home
  2. Browse Decisions
  3. Md.
  4. 248 Md.
  5. 248 Md. 120 (1967)
 

STATE INSURANCE COMMISSIONER v. BALTO. LIFE INS.

[No. 625, September Term, 1966.]

248 Md. 120 (1967)

235 A.2d 537

STATE INSURANCE COMMISSIONER OF MARYLAND v. THE BALTIMORE LIFE INSURANCE COMPANY

Court of Appeals of Maryland.

Motion for rehearing filed on December 29, 1967.

Denied on January 4, 1968.

Attorney(s) appearing for the Case

Lewis A. Noonberg, Assistant Attorney General, with whom was Francis B. Burch, Attorney General, on the brief, for appellant.

Robert C. Prem, with whom were A. Adgate Duer and Niles, Barton, Gans & Markell on the brief, for appellee.

The cause was argued before HAMMOND, C.J., and HORNEY, MARBURY, BARNES and McWILLIAMS, JJ.

HAMMOND, C.J., delivered the opinion of the Court. BARNES, J., dissents. Dissenting opinion at page 135, infra.

As of December 31, 1965, the Baltimore Life Insurance Company (Baltimore) showed in its statement of condition a "loss or claim reserve" of $530,246.89 to cover unclaimed debts it owed the holders of matured endowment policies. Its surplus account included $665,190 of such unclaimed debts.

After a...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases