Parties Settle Breach Of Contract, Bad Faith Claims In Rescission Suit

(August 21, 2022, 10:58 PM EDT) -- OKLAHOMA CITY — A life insurer and a beneficiary have reached a settlement in a beneficiary’s suit alleging claims for breach of contract and bad faith following the life insurer’s rescission of a life insurance policy, according to a July 28 administrative closing order issued by an Oklahoma federal judge....