TITLE

JNL beats class action

AUTHOR(S)
Bell, Allison
PUB. DATE
November 1998
SOURCE
National Underwriter / Life & Health Financial Services;11/2/98, Vol. 102 Issue 44, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Highlights United States District Judge David McKeague' decision to deny certification to group of 300,000 who bought permanent life policies from Jackson National Life Insurance Co. between January 1, 1981, and December 31, 1995. Implication for future national class-action lawsuit against other insurers; Claim of plaintiffs' lawyers that the customers all had similar cases; Variation in state laws and practices of the sales agents.
ACCESSION #
1265661

 

Related Articles

  • Federal district judge in Mich. rejects class action certification in suit alleging insurer misrepresentation in sale countrywide of `vanishing premium' policies.  // Insurance Advocate;10/31/98, Vol. 109 Issue 43, p22 

    Unveils the ruling of United States District Court Judge David McKeague, in Lansing, Michigan, over the class certification in suit alleging Jackson National Life Insurance Company for misreprsentation in sale of vanishing premium policies. Details on the case; Views of Joel Feldman of Sachnoff...

  • Jackson Fends Off A Third Class Action Certification. Bell, Allison // National Underwriter / Life & Health Financial Services;6/5/2000, Vol. 104 Issue 23, p3 

    Reports on the victory of Jackson National Life Insurance Company against plaintiffs seeking class-action status on a suit over vanishing premium life insurance policies. Comments from lawyers for Jackson National on the court's ruling on the case; How to bring a class action suit under federal...

  • Jackson National Life Wins Third Federal Court Ruling Denying Class Action Suit.  // Insurance Advocate;05/27/2000, Vol. 111 Issue 22, p5 

    Reports that a court denied the class action lawsuit filed against Jackson National Life Insurance Company for improper sales practices in May 2000. Significance of the court decision to the firm's other court cases; Comments from the firm's lead counsel; Details on Jackson National's other...

  • Judge bars class action against Lansing insurer. Freedman, Eric // Crain's Detroit Business;11/30/98, Vol. 14 Issue 48, p20 

    Focuses on a federal judge's refusal to designate litigation against Jackson National Life Insurance Co. as a class-action suit. Claims that the company made misrepresentations about their future premiums; Possible model for other class-action cases in the United States.

  • Class certification denied in insurance misinformation case. Rubenstein, Bruce // Corporate Legal Times;Feb99, Vol. 9 Issue 87, p30 

    Reports on a federal district court judge's denial of national class-action status to a lawsuit against Michigan-based Jackson National Life Insurance Co. Case's focus on the issue of alleged misrepresentation and misinformation by the defendant; Plaintiffs' acknowledgment that the...

  • Examination White Paper Focus Group Reaches Consensus On the Recommendations For Draft Report.  // Insurance Advocate;6/17/2002, Vol. 113 Issue 23, p3 

    Presents a joint insurance industry white paper which encouraged state regulators to take active role in fighting class action lawsuits that infringe on state insurance regulation.

  • Bill Curbs Class Actions. Brostoff, Steven // National Underwriter / Property & Casualty Risk & Benefits Manag;07/26/99, Vol. 103 Issue 30, p4 

    Focuses on a legislation pending in the United States House and Senate that would make it easier for defendants in class-action lawsuits to have the cases heard in federal courts. Why insurance groups prefer the federal courts rather than state courts; Groups that supported the legislation;...

  • House Bill Seeking Reform of Class Action Litigation, Gets Strong Industry Backing.  // Insurance Advocate;2/11/2002, Vol. 113 Issue 6, p3 

    Deals with the proposal of the Alliance of American Insurers for class action reforms in the U.S. Congress.

  • Class Actions Pose Threats, Opportunities. Mooney, Sean F. // National Underwriter / Property & Casualty Risk & Benefits Manag;01/31/2000, Vol. 104 Issue 5, p25 

    Ponders on the threats and opportunities brought by class action lawsuits in the insurance industry in the United States. Definition of class action lawsuits; When a case can be considered as a class action; Kinds of class action lawsuits; Areas that the property and casualty insurance need to...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics