‘The court is troubled’: Judge tells Security Benefit, plaintiffs to work faster

October 1, 2024 by John Hilton

Nearly five years after plaintiffs sued Security Benefit Life Insurance Co. over the performance of a proprietary index and companion fixed indexed annuity, the pace of the case has slowed to a crawl.

And the Kansas judge assigned to hear it is not happy. “The Court does not find good cause for another 90-day extension to the existing case schedule,” Judge Rachel E. Schwartz informed parties Monday.

Click HERE to read the full story via INN

Originally Posted at InsuranceNewsNet on September 25, 2024 by John Hilton.