Drain v. Covenant Life Insurance
Supreme Court of Pennsylvania
1Opinion of the Court
OPINION
NIGRO, Justice.
Policyholders of Covenant Life Insurance Company sued Covenant, its directors, and Provident Mutual Life Insurance Company after the Pennsylvania Insurance Commissioner approved a merger of Covenant and Provident in 1994. Jurisdiction and standing issues are currently before the Court. The trial court held that it has no jurisdiction over this action and that the policyholders lack standing to pursue their claims. The Superior Court reversed on both issues. For the reasons discussed below, we affirm.
Covenant Life Insurance Company primarily focused its business on the…
2Cases cited7 opinions
- Blackwell v. Com. State Ethics Com'nSupreme Court of Pennsylvania · 1991
- Cuker v. MikalauskasSupreme Court of Pennsylvania · 1997
- Rowen v. LeMars Mutual Insurance Co. of IowaSupreme Court of Iowa · 1975
- Garber v. LegoCourt of Appeals for the Third Circuit · 1993
- American Housing Trust, III v. JonesSupreme Court of Pennsylvania · 1997
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