Royal MacCabees Life Insurance Company v. Mona Peterson, as Surviving Spouse and Designated Primary Beneficiary of Monte Peterson, Deceased

MANION, Circuit Judge.

Royal Maccabees Life Insurance Company (Royal) sued Monte Peterson in federal court; the company sought a declaration concerning its duty to provide Peterson with a $750,000.00 life insurance policy. Peterson counterclaimed, alleging negligence on Royal’s part in unreasonably delaying its decision either to accept or reject his insurance application. 1 The district court issued a declaratory judgment in Royal’s favor; the court also granted Royal’s motion for summary judgment with respect to Peterson’s claims. We reverse.

I

Monte Peterson was slated to become the president…