U.S. Supreme Court Has Final Say In Life Insurance Beneficiary Issue

What a treat to read a life insurance case decided by the U.S. Supreme Court! The high court resolved a question under the Federal Employee’s Group Life Insurance Act (FEGLIA) that placed Virginia state law in conflict with the Federal statute. FEGLIA is a federal program that provides federal employees with group life insurance, and […]

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NYC Trial Court Rules Insured Gets To Keep $10 Million Dollars In Life Insurance Coverage

The insured-friendly waiver doctrine strikes again! An insured under two $5 million dollar life insurance policies defeated United States Life Insurance Company’s attempt to rescind his policies because of alleged material misrepresentations in the insurance applications. The Supreme Court, New York County judge ruled that U.S. Life knew of reasons to claim rescission of the […]

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