Dismissal of Complaint Against Universal Life Insurer Affirmed Under Georgia Law
Posted on Jan 3, 2022 in Insurance | Comments Off on Dismissal of Complaint Against Universal Life Insurer Affirmed Under Georgia Law
The Eleventh Circuit affirmed the district court’s order in the defendant insurer’s favor, dismissing the complaint and rejecting a claim that the plaintiff’s universal life policy was ambiguous and thus had to be construed against the insurer, in Anderson v. Wilco Life Insurance Co., 2021 U.S. App. LEXIS 33846 (11th Cir. Nov. 15, 2021). Vanessa Anderson brought a putative class action...
Court Revives Claim Challenging Use of “Available Balance” Rather than “Ledger Balance” to Assess Overdraft Fees, Finding Contracts Ambiguous
Posted on Aug 29, 2019 in Consumer Protection | Comments Off on Court Revives Claim Challenging Use of “Available Balance” Rather than “Ledger Balance” to Assess Overdraft Fees, Finding Contracts Ambiguous
Carol Tims filed a putative class action against LGE Community Credit Union, claiming that the bank breached its contract with her, and violated the federal Electronic Fund Transfer Act (“EFTA”), when it charged overdraft fees based on Tims’s “available balance”—which took into account pending debits—rather than her “ledger balance,” which did not. The district court dismissed Tims’s...