Civil Litigation,
Insurance
May 20, 2017
Decisions push life insurance class actions into state court
The shifting landscape in life insurance class actions has narrowed plaintiffs' pathways to certification.
Robert D. Phillips Jr.
Alston & Bird LLP
560 Mission St Fl 21
San Francisco , CA 94105
Phone: (415) 243-1080
Fax: (415) 243-1001
Email: bo.phillips@alston.com
Bo is a partner in the firm's Litigation & Trial Practice Group.
In the 1990s and for most of the first decade of the 21st century, the class action landscape was littered with large, nationwide cases against life insurers. The "vanishing premium" universal life class actions yielded several large eight-figure settlements, and not too long thereafter, there was a wave of national class actions involving the sale and marketing of index annuities, one of which settled for more than $250 million. All of that began to change in 2011.
The U.S. Supreme ...
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