9th Circuit: proof of harm required in California life insurance lapse lawsuit
January 28, 2025 by John Hilton
If a federal appeals court interpretation of California life insurance lapse laws stands, it could “undermine” regulations nationwide, the plaintiff claims.
LaWanda D. Small initially won a partial summary judgment and class certification from the U.S. District Court for the Central District of California. Small sued Allianz Life Insurance Co. of North America after the insurer terminated a life insurance policy for a missed premium payment.
Originally Posted at InsuranceNewsNet on January 27, 2025 by John Hilton.
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