The Law of Life and Health Insurance - § 2.07[9] Investor Initiated Life Insurance (“IILI”)

The Law of Life and Health Insurance - § 2.07[9] Investor Initiated Life Insurance ("IILI") , is a section that was recently added to Chapter 2 "Insurable Interest" of The Law of Life and Health Insurance by Bertram Harnett and Irving Lesnick. The authors added this subsection...

Principal Life Insurance Co. v. Rucker: Carrier Wins Substantial Victory in Beneficial Interest/STOLI Transaction Case

By Stephan Leimberg and Howard Zaritsky The decision in Principal Life Ins. Co. v. Lawrence Rucker 2007 Ins. Trust, 2010 U.S. Dist. LEXIS 89243 (D. Del. Aug. 30, 2010) is important for three reasons. First, most of the prior insurer victories have been limited to surviving a motion to dismiss,...