Judge Dismisses Bad Faith Claim Against Life Insurer Over Cost Of Increase

Mealey's (March 31, 2020, 2:11 PM EDT) -- MIAMI — A Florida federal judge on March 30 dismissed a bad faith claim against a life insurer rather than abate that claim until a breach of contract claim is resolved in the lawsuit over a cost increase allegedly tied to captive reinsurance transactions that benefited the insurer’s corporate parent (Michael Foster, et al. v. Transamerica Life Insurance Co., No. 19-24969, S.D. Fla.)....