Pitts v. Farm Bureau Life Ins. Co.
Annotate this CaseAt issue in this case was (1) whether a life insurance agent owes a duty of care to the intended beneficiary of a life insurance policy, and (2) whether a life insurance agent can be liable for negligent misrepresentation when he provides information to the insured and the intended beneficiary regarding the beneficiary designation listed on the life insurance policy. The district court granted summary judgment in favor of the agent. The court of appeals affirmed. The Supreme Court reversed, holding (1) a life insurance agent owes a duty of care to an intended beneficiary of a life insurance policy; (2) a life insurance agent can be liable for negligent misrepresentation; and (3) genuine issues of material fact existed in this case, and therefore, summary judgment should not have been granted. Remanded.
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