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October 18, 2018 In Lat v. Farmers New World Life Ins. Co. (No. B282008, filed 10/16/18), a California appeals court held that the notice-prejudice rule precluded a denial of life insurance benefits based on the insured’s failure to give notice of disability as required under a disability premium waiver rider.In Lat, premiums for the insured’s life insurance policy were accumulated in an account from which the cost of the insurance was deducted monthly. If the account balance fell below the nex

n Sveen v. Melin (No. 16-1432, filed June 11, 2018) (“Sveen”), the United States Supreme Court held that a statute which automatically revoked life insurance beneficiary designations following the policyholder’s divorce did not violate the Contracts Clause of the United States Constitution. (U.S. Const. Art. I § 10, cl. 1.)In 2002, the Minnesota Legislature passed a statute that automatically revokes the designation of a spouse as the beneficiary of life insurance policy if the policy is purchas