Columbus Life Insurance Company v. Wells Fargo Bank N.A.

IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF NORTH CAROLINA EASTERN DIVISION Case No. 4:20-cv-00073-M COLUMBUS LIFE INSURANCE ) COMPANY, ) ) Plaintiff, ) ) OPINION ) AND ORDER ) WELLS FARGO BANK, N.A., as Securities ) Intermediary, ) ) Defendant. ) This action was brought under the Declaratory Judgment Act seeking to contest a life-insurance policy. For the reasons that follow, the court declines to adjudicate the declaratory claims. 1. Background On May 4, 2020, Plaintiff Columbus Life Insurance Company filed a complaint seeking a judgment declaring that an insurance…