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  • Alabama Supreme: Insurable Interest Requirement Did Not Limit Change of Beneficiary

    The Alabama Supreme Court has ruled that a validly issued life insurance policy may be modified to substitute a beneficiary regardless of whether that…

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  • Absence of Standing Dooms Insurance Coverage Claim

    The U.S. District Court for the District of Oklahoma has dismissed a lawsuit against an insurance company brought by the insured’s son, finding that…

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  • Children Listed as Annuity’s Beneficiaries, Not Their Father’s Widow, Were Entitled to Proceeds, Louisiana District Court Determines

    The U.S. District Court for the Eastern District of Louisiana has ruled that the children of the owner of an annuity who were listed as the annuity’s…

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  • In Alleged “Slayer Rule” Case, Court Orders Life Insurance Proceeds Paid to Deceased’s Son Rather than the Beneficiary – the Deceased’s Widow

    A federal district court in Louisiana has granted a default judgment against the widow of a murdered man in favor of his son, who had invoked the “Slayer…

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  • California Appeals Court Permits Action Against Insurance Agent to Proceed Over Allegations He Negligently Misinterpreted Policy

    An appellate court in California, reversing a trial court’s decision, has ruled that the beneficiaries of a lapsed life insurance policy could continue…

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    Section 337 Investigations: Unfair Trade Practice Litigation Before the ITC

    Authors: Michael G. McManus, Rodney R. Sweetland, III

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  • Relying on Equity, Court Orders Life Insurance Policy’s Proceeds Paid to Ex-Wife Where Decedent Had Not Complied with Divorce Settlement

    The U.S. District Court for the Southern District of New York has rejected a claim to life insurance proceeds by the decedent’s girlfriend and, relying…

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  • 4 STOLI Policies Voided by Connecticut Court for “Material Misrepresentations”

    A trial court in Connecticut has ordered four life insurance policies rescinded for material misrepresentations in the applications.The CaseFour cases…

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  • Arizona Law Does Not Permit Constructive Trust on Life Insurance Proceeds Even If Insured Had Acquired the Policies through Racketeering Activity, Appeals Court Holds

    An appellate court in Arizona, affirming a trial court’s decision, has ruled that investors may not obtain a constructive trust on life insurance…

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  • Posner on Stranger-Originated Life Insurance

    The U.S. Court of Appeals for the Seventh Circuit, in a decision written by Judge Richard A. Posner, has affirmed a $726,000 award in favor of an insurance…

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  • N.Y. District Court Dismisses Policyholders’ “Shadow Insurance” Claims Against MetLife

    The U.S. District Court for the Southern District of New York has dismissed a putative class action brought by life insurance policyholders against an…

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