On August 13, 2020, in the putative class action challenging AXA’s COI rate increase on Athena Universal Life II (“AUL II”) policies, Judge Jesse M. Furman of the United States District Court for the Southern District of New...more
8/28/2020
/ Breach of Contract ,
Certificate of Insurance ,
Class Action ,
Class Certification ,
Elder Abuse ,
FRCP 23(b)(3) ,
Insurance Claims ,
Insurance Litigation ,
Insurance Rates ,
Life Insurance ,
Reservation of Rights ,
STOLI ,
Unfair Competition Law (UCL)
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