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    • Lawsuit revived for man who lost $16M in life policies on a missed payment

    August 23, 2024 by John Hilton

    A federal appeals court gave a partial win to a Connecticut man claiming that AXA Equitable allowed his life insurance policies to lapse without any payment reminder.

    The Court of Appeals for the Second Circuit affirmed summary judgment for AXA on its decision to terminate the policies sold to Malcolm Wiener. But the court sided with Wiener and sent the case back to the district court on the issue of reinstatement.

    Click HERE to read the full story via INN

    Originally Posted at InsuranceNewsNet on August 23, 2024 by John Hilton.

    Categories: Industry Articles
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