In the past eight months, Columbus Life Insurance Company (“Columbus Life”) has filed at least eleven lawsuits against investors seeking to void their policies and keep their premiums. This recent wave of lawsuits opens a...more
On June 4, 2019, in a case captioned Sun Life Assurance Company of Canada v. Wells Fargo Bank, N.A., the Supreme Court of New Jersey answered two questions certified to it by the United States Court of Appeals for the Third...more
6/18/2019
/ Appeals ,
Death Benefits ,
Insurable Interests ,
Insurance Litigation ,
Life Insurance ,
NJ Supreme Court ,
State and Local Government ,
STOLI ,
Sun Life Assurance Company of Canada ,
Transfer of Control ,
Void ab initio ,
Wells Fargo
On September 22, 2016, the Florida Supreme Court issued an eagerly-awaited opinion in Wells Fargo Bank, N.A. v. Pruco Life Insurance Co. The Court held that Florida's two-year contestability statute applies to bar an...more
On February 27, 2015, the United States Court of Appeals for the Eleventh Circuit certified two important questions of Florida insurable interest law to the Florida Supreme Court. ...more