Ga. Judge Voids $6M Life Insurance Policy As Illegal Wager

By Grace Elletson · August 26, 2026, 7:44 PM EDT

A Georgia federal court found a $6 million life insurance policy amounted to an illegal wager and voided the contract, striking down a wealth management company's suit that challenged an insurance...

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Documents

Case Information

Case Title

Wilmington Trust, National Association v. Ameritas Life Insurance Corp.

Case Number

1:23-cv-02097

Court

Georgia Northern

Nature of Suit

Insurance

Date Filed

May 10, 2023