Coventry First and Alan Buerger Seek Dismissal of Abacus Lawsuit

Coventry First and Alan Buerger Request Dismissal of Legal Action Against Abacus

In a significant legal development, Coventry First LLC, a frontrunner in the secondary life insurance market, along with its co-founder and CEO, Alan H. Buerger, has announced their motion to dismiss a lawsuit filed by Abacus Global Management, Inc. This lawsuit was presented to the U.S. District Court for the Middle District of Florida on August 29, 2025, positioning Coventry and Buerger firmly in defense of their principles and the First Amendment rights.

The crux of Coventry’s argument centers on the assertion that Abacus's claims are fundamentally unfounded. The motion points to the recent closure of Lapetus Solutions, Inc., which was Abacus’s primary provider of life expectancy estimates, as a pivotal reason that undermines the basis for their lawsuit. Lapetus announced its cessation of operations effective August 31, further complicating Abacus's standing in the ongoing debate regarding transparency and reliability in life insurance metrics.

Buerger emphasized that the lawsuit appears to be an attempt by Abacus to stifle constitutionally protected discourse around crucial issues affecting the life insurance sector. In his words, "The First Amendment establishes a national commitment to allowing public debate to be free, vigorous, and open. However, Abacus seeks to reverse that principle. Faced with criticism over severe issues it has created, Abacus filed this baseless lawsuit to silence individuals highlighting truths or asserting constitutionally protected opinions. That cannot be allowed."

Additionally, the motion stresses the need for transparency in disclosing information related to life policies, as it serves the interests of investors, regulators, and the broader insurance market. Buerger stated, "The complaint from Abacus is an effort to silence meaningful dialogue on vital issues concerning life insurance policies, including the reliability of life expectancy estimates. Transparency in these discussions benefits all stakeholders involved and is crucial for fostering trust in the market."

Coventry, with over 20 years of experience in the life insurance sector, asserts its position as a market leader, having returned more than $6 billion to policyholders who no longer need their insurance. The firm’s dedication to consumer rights has elevated industry standards and expanded options for consumers significantly. Buerger affirms that defending free speech, especially concerning public interest issues, aligns with the very foundation upon which Coventry operates.

Background on Coventry

Coventry has established itself as a pioneer in the secondary life insurance market, advocating for policyholders and ensuring their rights are respected. With a reputation built on integrity and commitment to customer service, Coventry has continuously worked to enhance the life insurance landscape, providing valuable resources and support to individuals navigating their insurance options.

As the legal proceedings evolve, the implications of this case may resonate throughout the life insurance industry, potentially reshaping how discussions around life expectancy and policy practices are conducted. Coventry remains steadfast in its commitment to uphold transparency and support open discourse, reflecting its core values in every aspect of its operations.

For more information about Coventry and its stance, visit Coventry.com.