Insurance,
California Supreme Court,
9th U.S. Circuit Court of Appeals
Feb. 21, 2025
9th Circuit asks state Supreme Court to weigh life insurance law
A federal appellate panel has asked the California Supreme Court to determine whether the state's "lapse statutes" protecting policyholders who miss a life insurance payment apply to policies originally issued in another state. The case stems from a $2 million policy denial after a California resident failed to make a timely payment.
A 9th U.S. Circuit Court of Appeals panel asked the state Supreme Court on Thursday whether California laws designed to protect people who miss a payment on their life insurance policies apply if they are issued in another state.
Susan Pitt sued her husband's insurer, Metropolitan Tower Life Insurance Co., because it denied a $2 million policy after he died.
Michael Pitt had bought the policy in Illinois, moved to California, missed a payment in 2016, then paid the ...
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