Symetra reaches $32.5 million settlement over cost-of-insurance charges
January 22, 2025 by John Hilton
A group of Washington policyholders are asking a federal judge to preliminarily approve a $32.5 million settlement with Symetra Life Insurance Co. over cost-of-insurance claims.
If approved, the 11-state settlement deal will cover about 43,000 policyholders in the class. The other policyholders live in Arizona, California, Florida, Illinois, Indiana, Kentucky, Minnesota, Missouri, South Carolina and Texas.
Originally Posted at InsuranceNewsNet on January 17, 2025 by John Hilton.
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