Florida Court Considers Law Forcing Life Insurers To Try To Find Beneficiaries
The Florida Supreme Court will hear a challenge to a 2016 law requiring life insurers to be more aggressive in tracking down beneficiaries.
The Florida Supreme Court will hear a constitutional challenge to a 2016 state law that put new requirements on life-insurance companies to determine whether policyholders have died and to contact beneficiaries.
Four insurers went to the Supreme Court last year after a divided 1st District Court of Appeal upheld the law. The Orlando Sentinel reported this week that the Supreme Court issued an order Monday that it will take up the case.