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NATIONWIDE LIFE INS. CO. v. STEINER

C.A. No. 09-235 S.

722 F.Supp.2d 179 (2010)

NATIONWIDE LIFE INSURANCE COMPANY, Plaintiff, v. Manfred STEINER and Sheila Steiner, Defendants.

United States District Court, D. Rhode Island.

July 13, 2010.

Attorney(s) appearing for the Case

Robert D. Fine, Esq. , Chace, Ruttenberg & Freedman, LLP, Providence, RI, A. Lauren Carpenter, Esq. , Elizabeth Hoop Fay, Esq., Morgan Lewis & Bockius LLP, Philadelphia, PA, for Plaintiff.

R. Daniel Prentiss, Esq. , R. Daniel Prentiss, P.C., Providence, RI, for Defendant.

OPINION AND ORDER

WILLIAM E. SMITH, District Judge.

Plaintiff Nationwide Life Insurance Company ("Nationwide") brought this action seeking a declaratory judgment that it has validly terminated an annuity it issued to Defendants Sheila and Manfred Steiner (the "Steiners"). The Steiners have counterclaimed for breach of contract. Both parties now move for judgment on the pleadings. The question to be resolved is whether a termination clause invoked by Nationwide...

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