Peter Kramer

Latest Articles

In Tran v. Minnesota Life Ins. Co., No. 18-1723, 2019 U.S. App. LEXIS 12895, ___ F.3d ___ (7th Cir. Apr. 29, 2019), the Seventh Circuit Court of Appeals reversed a district court’s judgment, which had allowed a policy beneficiary to recover under two Accidental Death & Dismemberment (“AD&D”) riders for an insured’s death caused by autoerotic asphyxiation.  The riders provided that “[i]n no event will [the insurer] pay the [AD&D] benefit where it results from…
In AEI Life LLC v. Lincoln Benefit Life Co., No. 17-224, 2018 U.S. App. LEXIS 15485 (2d Cir. Jun. 8, 2018), a Trust purchased a $6.5 million life insurance policy on an individual.  On the application, it claimed that the named individual had a net worth of $87 million and an annual income of $1.5 million.  It would later prove that this simply wasn’t true.  But in the meantime, a stranger to the policy…