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Man sued over life insurance payout after murder-suicide

1 year 3 weeks 5 days ago May 02, 2016 May 2, 2016 Monday, May 02 2016 May 02, 2016 2:33 PM in News
Source: Associated Press

BATON ROUGE - A lawsuit claims a Baton Rouge man improperly collected a $500,000 payout from his business partner's life insurance policy after the partner gunned down his estranged wife and shot and killed himself in Connecticut last year.

The federal lawsuit, filed Friday, says Billy Wayne Newman illegally replaced his wife, Lauren Beebe, as the policy's beneficiary with his business partner, Todd Hines, less than two weeks before Newman killed her and himself.

The suit says Hines filed a claim for the policy's proceeds less than three weeks after the Nov. 25 shootings, without informing the couple's relatives. The suit claims Newman and Beebe's two children are the rightful recipients.

Beebe's relatives are suing to recover the money from Hines, who didn't immediately respond to a call and email seeking comment Monday.

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