Life Insurer Faces Legal Pushback From Its Own Insurers
January 17, 2024 by Allison Bell
Court filings in California and Connecticut show what happens when a life insurer has problems collecting benefits from its own insurance companies.
PHL Variable Insurance Co., a subsidiary of Nassau Financial, faced class-action lawsuits after it increased universal life policy cost-of-insurance charges.
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Originally Posted at Think Advisor on January 12, 2024 by Allison Bell.
Categories: Industry Articles