Prudential Policyholders Lose 2nd Round In 'Death Spiral' Row

Law360, New York (April 18, 2013, 8:34 PM EDT) -- A New Jersey federal judge on Thursday nixed a renewed class certification bid by a group of Prudential Insurance Co. of America policyholders who said they weren’t told their health insurance had entered a "death spiral" that would drive up premiums.

U.S. Senior District Judge Dickinson R. Debevoise rejected the plaintiffs’ argument that he had overlooked factual or legal issues when he concluded in February that the claims among the proposed class of 17,000 current and former policyholders, spanning 30 years, were varied enough to rule out...
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