The facts of the case are relatively simple. In 1999 the insured, Kelly Couch, purchased a $500,000 life insurance policy from Jackson National Life Insurance Company. He lied in the application about his health condition –...more
Plaintiff, Sun Life Assurance Company of Canada, (“Plaintiff”) filed a declaratory judgement action against Wells Fargo Bank, N.A., as securities intermediary and nominal, record owner for its secondary and tertiary life...more
A Georgia federal district court recently rendered a declaratory judgment in action filed on October 3, 2017, by Jackson National Life Insurance Company (“Jackson”) against Sterling Crum (“Crum”), the transferee and secondary...more
The U.S. Eleventh Circuit Court of Appeals certified 2 questions under Florida law to the Florida Supreme Court relating to 3 STOLI life insurance policies. The Florida Supreme Court rephrased (and conflated) the 2 questions...more