DeCesare v. Lincoln Benefit Life Co.

OPINION

GOLDBERG, Justice.

This appeal requires us to interpret the language of an annuity contract sold by the defendant, Lincoln Benefit Life Company (Lincoln or defendant), to a certified class of individuals represented by the plaintiff, Paul A. DeCesare (DeCesare or collectively plaintiffs). The plaintiffs appeal from a Superior Court order granting summary judgment in favor of Lincoln, finding that defendant satisfied the terms of the annuity contract when it “declared” the annuity’s rate and cap by an internal email, and notified the annuitants of the new rate and cap by mailing an…