In what may be an inkling of what is yet to come. a court ruling on a discovery motion in a beneficial interest case went against the insurer after the judge cited the decision in the Arthur Kramer insurable-interest case.
Henry Pitman, a judge with the U.S. District Court for the Southern District of New York, ruled Thursday against Principal Life Insurance Co. in a case involving a $5 million life insurance policy taken out by the late Or. Fletcher Johnson
Judge Cites Kramer Insurable Interest: Case in Discovery Issue Judge Cites Kramer Insurable Interest: Case in Discovery Issue View Article