Description: This section presents and summarizes insurance-related legal cases of 1953 including: 1. GROUP ANNUITY CONTRACTPERPETUAL OBLIGATION: Freeport Sulphur Company v. Aetna Life Insurance Company, 2. SERVICE OF PROCESSUNAUTHORIZED INSURER: Parmalee v. Iowa State Traveling Men's Association, 3. ORAL PLEDGE OR ASSIGNMENTCREDITOR'S RIGHT: Commercial National Bank v. Chapman, 4. DOUBLE INDEMNITYMILITARY EXCLUSION: Weissman v. Metropolitan Life Insurance Company, 5. LIQUIDATION OF MUTUAL COMPANYJURISDICTION OF INSURANCE COMMISSlONER: Allyn v. Hull, 6. AVIATION EXCLUSIONPARACHUTE JUMP: Smith v. Mutual Benefit Health and Accident Association, 7. SETTLEMENT OPTIONTESTAMENTARY DISPOSITION: Hall v. Mutual Life Insurance Company, 8. PURCHASE OF HOME OFFICE PROPERTYINSURANCE SUPERINTENDENT'S APPROVAL: Guardian Life Insurance Company vs. Bohlinger, 9. LOAN VALUE: DISABILITY AND DOUBLE INDEMNITY RESERVES: Chastang v. Mutual Life Insurance Company, 10. CONVERSION OF GROUP INSURANCESUICIDE: Lineberry v. Security Life and Trust Company, 11. DOUBLE INDEMNITYMILITARY EXCLUSION: Western Reserve Life Insurance Company vs. Meadows

Description: Discussion papers on a paper dealing with minimum statutory nonforfeiture values for retirement annuity contracts.