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Wife Who Killed Husband’s Lover Sues Her Insurers

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Convicted killer Li-Yun “Lisa” Peng is suing her insurance companies, demanding that it pay her legal costs in a $2-million lawsuit brought by the parents of her victim.

The suit filed this week in Orange County Superior Court contends that both the Truck Insurance Exchange and the Fire Insurance Exchange should cover her legal damages.

Peng, 46, was convicted of second-degree murder in April for killing her wealthy husband’s lover and the woman’s infant son in their Mission Viejo home.

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Peng, a Taiwanese national who lives in Rancho Santa Margarita, was sued in February by Zhuo Chuan Ji and Xiang Lan Liu, the parents of the slain woman, Ranbing “Jennifer” Ji.

In a love-triangle trial that riveted audiences on both sides of the Pacific, prosecutors portrayed Peng as jealous wife out to eliminate a rival and a potential heir--the child--to her husband’s multimillion dollar electronics empire.

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