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Life Insurance US Bank National Association

Carlton Fields

Eleventh Circuit Affirms Summary Judgment or Insurer in STOLI Case

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In Sun Life Assur. Co. of Canada v. U.S. Bank Nat. Ass’n, the Eleventh Circuit recently clarified that where a life insurance policy lacks an insurable interest at its inception and is thus void ab initio, prejudgment...more

Carlton Fields

Seventh Circuit Affirms Insurer’s Duty to Pay Policy Proceeds Under Wisconsin Statute

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In U.S. Bank Nat. Ass’n v. Sun Life Assur. Co. of Canada, the Seventh Circuit, applying Wisconsin law, recently affirmed that an insurer may not void a life insurance policy solely on grounds that the policy’s original owner...more

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