Recent Life And Annuity Decisions Across 5 States

Law360, New York (September 02, 2010, 2:06 PM ET) -- This article discusses federal and state court decisions in Connecticut, Delaware, Pennsylvania, New Jersey and New York over the past year regarding life insurance and annuities. Many of the recent cases address issues regarding the sale of stranger-originated life insurance.

Connecticut

In Ballard v. Hartford Life Insurance Co., No. CV095031857S, 2010 Conn. Super. LEXIS 677 (Conn. Super. Mar. 4, 2010), the insured claimed that the insurance company wrongfully terminated a death benefit under an annuity contract and sought punitive damages. The court granted the insurer’s motion...
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