Subpoenas Issued In $9.8M Life Policy Row Related To Alleged Fraudulent Birthdate

(July 11, 2023, 9:14 AM EDT) -- NEW YORK — A New York federal judge granted a securities intermediary’s request to subpoena federal and state agencies in its breach of contract suit against a life insurer for failure to pay a $9.8 million death benefit, finding that the insured’s actual birthdate is “relevant” to the denial of coverage regarding the insured’s alleged fraud as to “misstatement of age.”...