Majority: Application Of Revocation Rule To Policy Does Not Violate Constitution

Mealey's (June 11, 2018, 1:23 PM EDT) -- WASHINGTON, D.C. — A majority of the U.S. Supreme Court on June 11 found that the retroactive application of Minnesota's revocation-upon-divorce statute to a life insurance policy does not violate the contracts clause of the U.S. Constitution, reversing an Eighth Circuit U.S. Court of Appeals ruling against two individuals named as contingent beneficiaries of their father's life insurance policy (Ashley Sveen, et al. v. Kay Melin, et al., No. 16-1432, U.S. Sup., 2018 U.S. LEXIS 3503)....