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Lawsuit seeks to recover insurer's payout on 'illegal human-life wager'

An Iowa company is accused in a lawsuit of an alleged scheme in which investors bet on an elderly woman's life expectancy by taking out a life insurance policy on her. (Photo by Mohamad Faizal Bin Ramli/iStock/Getty Images Plus)A lawsuit has been filed against an Iowa company over an alleged scheme that involves investors betting on an elderly woman’s life expectancy by taking out a life insurance policy on her. The lawsuit involves the late Eve…

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Iowa Capital Dispatch broke the news in on Friday, March 27, 2026.
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