Federal Appeals Court Classifies Fractional Life Insurance Policies as Securities
The Ninth Circuit ruled fractional interests in life insurance policies are securities, raising compliance requirements for wealth managers and advisors in the U.S.
Maryland Court Ruling Limits Insurers' Use of Anti-Assignment Clauses in Post-Loss Claims
Maryland Supreme Court rules insurers cannot block post-loss claim assignments despite anti-assignment clauses. Impact on property and casualty claims handling and policy language.
Monica Sementilli Sentenced to Life for Orchestrating Husband’s Murder in California
Monica Sementilli received life without parole in California for orchestrating the murder of her husband, with digital evidence playing a key role in the conviction involving life insurance payouts.
Texas Appeals Court Supports State Farm Interpleader Action in $800K Life Policy Dispute
Texas appeals court upholds State Farm's federal interpleader action in a contested $800,000 life insurance policy dispute, highlighting insurer protections and beneficiary claim protocols.
Judge Allows Bradley Pierre to Contest Insurance Fraud Allegations
Federal judge permits Bradley Pierre to contest insurance fraud claims by American Transit Insurance. The court's decision emphasizes the importance of fair legal processes in insurance disputes.