Default option for life insurance policy which paid proceeds to an account maintained by the insurer at a fixed interest rate does not state a claim for breach of contract, vexatious delay, or breach of fiduciary duty.
Zena Phillips v. The Prudential Insurance
Monday, May 06, 2013
Seventh Circuit -- Zena Phillips v. The Prudential Insurance
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Compiled by D.E. Frydrychowski, who is, not incidentally, not giving you legal advice.
Category tags above are sporadically maintained Do not rely. Do not rely. Do not rely.
Author's SSRN page here.