News & Analysis as of

Secondary Markets Life Insurance

Cozen O'Connor

Secondary Market Investor Files Interest Rate Class Action

Cozen O'Connor on

After years of pursuing life insurers with Cost of Insurance (COI) class actions, we are now seeing a new life insurance secondary market investor strategy — suing life insurers on a class action basis for not paying enough...more

Orrick, Herrington & Sutcliffe LLP

Columbus Life’s New Attack on the Secondary Market

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

Carlton Fields

Favorable Secondary Life Market Report By Florida Regulator

Carlton Fields on

The Florida Office of Insurance Regulation recently issued an opinion favorable to the insurance industry in its Secondary Life Insurance Market Report. Responding to a Florida Legislature directive, the OIR conducted a...more

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