Good Grief: 'Good Faith' May Not Fly As Readily In Fla.

Law360, New York (March 21, 2012, 1:12 PM EDT) -- A huge victory came on March 2, 2012, against the Lincoln National Life Insurance Co., in the first case to be tried in Florida under the new standard that two federal courts in the state have set for cases involving challenges to insurable interest by carriers.

Following a three-and-a-half day trial, the jury rendered a verdict concluding that:

The circumstances of policy issuance, including undisclosed funds provided by an agent that were used to pay a premium, did not indicate that there was intent at the...
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