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    • Transamerica pays $195 million to settle lawsuit over universal life insurance

    October 9, 2018 by Ryan W. Neal

    Transamerica Life Insurance Co. will pay $195 million to settle a class-action lawsuit alleging the company improperly increased the monthly charges on 70,000 universal life insurance policies.

    Click HERE to read the full story via InvestmentNews; registration required. 

    Originally Posted at InvestmentNews on October 4, 2018 by Ryan W. Neal.

    Categories: Industry Articles
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