Kristen Cox Morrison v. Paul Allen, et al.

Wife sued the insurance company for failure to pay on Husband’s life insurance policy and the insurance brokers for failure to procure an enforceable life insurance policy, various torts and violation of the Tennessee Consumer Protection Act (“TCPA”). Wife settled with the insurance company before trial and won judgments against the brokers based on failure to procure an enforceable life insurance policy ($1,000,000.00); negligence, negligent misrepresentation, and breach of fiduciary duty ($300,000.00); and violation of the TCPA (an additional $300,000.00). Defendants appeal, claiming that they should receive a credit for the amount of the settlement with the insurance company and that the other awards were improper for various reasons. We affirm the $1,000,000.00 judgment but find that a credit for the settlement is appropriate. We affirm the tort award. We also affirm the finding of a violation of the TCPA and affirm the award of the additional $300,000.00.