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Dawn Williams Authors Article in Insurance News Net on IUL Illustration Statute Lawsuit
July 25, 2018
Carlton Fields insurance Shareholder Dawn Williams authored an article in Insurance News Net titled, "Although Largely Deflated, IUL Illustration Statute Lawsuit Rolls On," regarding the aftermath of the decision in Walker v. Life Insurance Company of the Southwest. 
 
Since the ruling, the plaintiffs filed a new complaint arguing that the insurance company did not follow the illustration statutes according to California’s UCL. 
 
The ensuing judgment handed down by the U.S. Court of Appeals for the Ninth Circuit was largely positive for the insurance industry, with the plaintiffs coming out on top in only two of the purported violations, and the insurer gaining a favorable outcome on three issues.   
 
Williams suggests that insurers and advisors conduct a thorough review of materials to ensure compliance with state and federal statutes and regulations, particularly with respect to illustrations, and avoid any further litigation.   
 
Read the article.
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