7th Circuit Says Suit Alleging Elderly People Lured Into Policy Purchase Cannot Stand

Mealey's (December 18, 2017, 10:29 AM EST) -- CHICAGO — A district court properly granted a long-term care insurer’s motion to dismiss an insured’s suit alleging that the insurer lured elderly people into purchasing a policy by offering low premiums for the first 10 years and then instituted a 75 percent premium rate hike because the insured failed to state a claim upon which relief could be granted, the Seventh Circuit U.S. Court of Appeals said Dec. 14 (Sophie Toulon v. Continental Casualty Co., No. 16-1510, 7th Cir., 2017 U.S. App. LEXIS 25247)....