Life Insurers To Seize On W.Va. Victory Over DMF Searches

Law360, New York (January 9, 2014, 7:36 PM EST) -- Life insurers recently won big in a high-profile legal battle with West Virginia's treasurer over whether they must proactively search the Death Master File, a ruling experts say will embolden insurers around the country to stand firm in negotiations with regulators and goad states into legislative action if they want to require the searches.

A West Virginia court struck down more than 60 lawsuits in which the West Virginia treasurer went head-to-head with life insurers large and small. Treasurer John Perdue claimed in the suits that...
To view the full article, register now.