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Florida enacts new Florida statutes Section 736.0902, non-application of prudent investor rule, that limits duties and liabilities of trustees with respect to life insurance
  • Proskauer Rose LLP
  • USA
  • September 7 2010

Florida has enacted a new statute that virtually eliminates trustee liability with respect to (1) insurable interest issues related to the ownership of life insurance and (2) investing in life insurance policies.


L. Robert Batterman
  • Proskauer Rose LLP

Wayne D Katz
  • Proskauer Rose LLP

Andrew M Katzenstein
  • Proskauer Rose LLP

Daryn A Grossman
  • Proskauer Rose LLP

Albert W Gortz
  • Proskauer Rose LLP


Jon H. Oram
  • Proskauer Rose LLP

Robert E. Freeman
  • Proskauer Rose LLP

Henry J. Leibowitz
  • Proskauer Rose LLP