HOBISH v. AXA EQUIT. LIFE INS. CO.

8932, 650315/17.

171 A.D.3d 494 (2019)

98 N.Y.S.3d 38

2019 NY Slip Op 02653

Richard Hobish et al., Respondents, v. AXA Equitable Life Insurance Company, Appellant.

Appellate Division of the Supreme Court of New York, First Department.

Decided April 9, 2019.


The complaint sufficiently alleges that defendant's purported deceptive conduct, allegedly misleading elderly consumers into believing that they would not be targeted for premium increases, and subsequently substantially increasing such premiums, impacted plaintiff Toby Hobish's estate planning by forcing her to surrender the face value of the policy purchased from defendant. This injury is distinct from injuries sustained by her trust, and thus sufficient to confer standing...

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