Judgment Granted For Insurer In Dispute Over Death Benefits On $10M STOLI Policy

( April 29, 2026, 10:38 AM EDT) -- WILMINGTON, Del. — A Delaware federal judge granted summary judgment to an insurer and denied partial summary judgment to a securities intermediary in a dispute over death benefits and insurance premium payments on a $10 million life insurance policy, finding that the stranger-oriented life insurance (STOLI) policy is void as lacking an insurable interest....