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FISCHL v. PACIFIC LIFE INS. Co.

No. B320820.

94 Cal.App.5th 108 (2023)

PETER FISCHL, Plaintiff and Appellant, v. PACIFIC LIFE INSURANCE COMPANY, Defendant and Respondent.

Court of Appeals of California, Second District, Division Two.

As modified August 24, 2023.

Attorney(s) appearing for the Case

Gordon W. Renneisen and Benjamin Blakeman for Plaintiff and Appellant.

Finlayson Toffer Roosevelt & Lilly and Matthew E. Lilly for Defendant and Respondent.

OPINION

A regulation promulgated by California's Insurance Commissioner requires insurance companies who sell variable life insurance —that is, a life insurance policy that also functions as an investment vehicle—to "adopt" and "use[]" standards in order to assess whether such insurance is "suitab[le...

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