Accelerated Benefits Corp. v. Department of Insurance
District Court of Appeal of Florida
1Opinion of the CourtVan Nortwick, J.
Accelerated Benefits Corp. (ABC) challenges a final order of the Department of Insurance which revoked ABC’s license to operate as a viatical settlement provider. ABC argues that the statute which it was charged with violating, section 626.989(6), Florida Statutes (2000), is unconstitutionally vague on its face and as applied. We do not agree and, therefore, affirm.
In the typical viatical settlement, a terminally-ill policyholder, known as a viator, sells the right to receive the proceeds of his or her life insurance policy to an investor usually through a viatical settlement provider. The…
2Cases cited7 opinions
- Papachristou v. City of JacksonvilleSupreme Court of the United States · 1972
- Brown v. StateSupreme Court of Florida · 1994
- Sieniarecki v. StateSupreme Court of Florida · 2000
- Department of Legal Affairs v. RogersSupreme Court of Florida · 1976
- Travis v. StateDistrict Court of Appeal of Florida · 1997
2 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
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- Marvin Castellanos v. Next Door CompanySupreme Court of Florida · 2016
- Marvin Castellanos v. Next Door CompanySupreme Court of Florida · 2016
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