Goldstein v. Savings Bank Life Insurance

A judge in the Superior Court reported to the Appeals Court two questions of law after he allowed part of a motion for summary judgment filed by the defendant, Savings Bank Life Insurance Company of Massachusetts (SBLIC), see G. L. c. 231, § 111; Mass. R. Civ. R 64 (a), as amended, 423 Mass. 1403 (1996). SBLIC filed the motion for summary judgment in response to a class action to compel SBLIC to pay out as dividends to its policyholders surplus funds (claimed to be approximately fifty-seven million dollars) that the plaintiffs contend SBLIC has improperly accumulated and retained, in…