Life Insurer Entitled To Judgment On Breach Of Contract, Bad Faith Claims

Mealey's (November 7, 2022, 9:12 AM EST) -- BROOKLYN, N.Y. — Breach of contract and bad faith claims against a life insurer cannot proceed because the beneficiary of the policies’ proceeds failed to show that the insurer breached its contract or acted in bad faith in terminating the life insurance policies at issue based on nonpayment of the premiums owed, a New York federal judge said in granting the life insurer’s motion for summary judgment....