The plaintiffs in a class proceeding regarding universal life insurance policies brought a motion for a further and better affidavit of documents.
The plaintiffs sought production of 12 general categories of documents and several specific documents related to the defendant's repricing of the cost of insurance and administrative fees.
The court applied the principles of relevance and proportionality, granting production for some requests, such as internal communications regarding policyholder communications and documents related to the 'Maximum Premium' in death spiral situations, while dismissing others that were overly broad, irrelevant, or disproportionate.
Costs of $50,000 were awarded in the cause.
