SCC refuses leave in Sun Life class action
June 18, 2025 by James Langton
The Supreme Court of Canada has declined to hear an appeal that sought to add a cause of action to a long-running class action lawsuit over the sale of universal life policies.
In 2010, a class action lawsuit was filed against Sun Life Life Assurance Co. of Canada concerning the sale of universal life policies by Metropolitan Life Insurance Co. in 1980s and 1990s (Sun Life acquired the MetLife policies when it acquired Clarica Life Insurance Co. in 2002).
Originally Posted at Investment Executive on June 13, 2025 by James Langton.
Categories: Industry Articles