On November 28th, the Seventh Circuit vacated a district court order remanding to state court a dispute between annuitants and a mutual insurance company. In remanding the matter, the district court applied the Delaware carve-out exception to the Class Action Fairness Act, finding that the matter involved the internal affairs of the insurance company. The Seventh Circuit, however, likened the annuity policies to debt contracts and the issue to be one about payment, not corporate governance. Because the dispute involved rights under contract and insurance law (and possibly securities law), it concluded that CAFA's internal-affairs doctrine did not apply. LaPlant v. The Northwestern Mutual Life Insurance Co.