Try our Advanced Search for more refined results
- Law360
- Law360 UK
- Law360 Pulse
- Law360 Employment Authority
- Law360 Tax Authority
- Law360 Insurance Authority
- Law360 Real Estate Authority
- Law360 Healthcare Authority
- Law360 Bankruptcy Authority
- Products
- Lexis®
- Law360 In-Depth
- Law360 Podcasts
- Rankings
- Regional Powerhouses
- Law360's MVPs
- Women in Law Report
- Law360 400
- Diversity Snapshot
- Practice Groups of the Year
- Rising Stars
- Titans of the Plaintiffs Bar
- Sections
- Adv. Search & Platform Tools
- About all sections
- Browse all sections
- Banking
- Bankruptcy
- Class Action
- Competition
- Employment
- Energy
- Expert Analysis
- Insurance
- Intellectual Property
- Product Liability
- Securities
- Beta Tools
- Track docs
- Track attorneys
- Track judges
HARSHBARGER et al v. PENNSYLVANIA MUTUAL LIFE INSURANCE COMPANY
Case Number:
2:12-cv-06172
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
-
April 25, 2017
Penn Mutual Settles Insurance Surplus Fund Suit for $110M
Pennsylvania Mutual Life Insurance Co. has struck a $110 million settlement with a class of policyholders who alleged the company breached its obligations by improperly withholding surplus funds rather than distributing them as dividends, bringing to a close a five-year-old suit in federal court.
-
April 11, 2014
Penn Mutual Ducks Lawsuit Claiming It Kept Surplus Profits
A Pennsylvania federal judge on Friday dismissed a class action alleging Pennsylvania Mutual Life Insurance Co. cheated policyholders out of more than $5 million by holding on to profits rather than distributing them, ruling the issue is under the Pennsylvania Insurance Department's discretion.
-
November 01, 2012
Penn Mutual Faces Action Over Life Insurance Surplus Funds
Pennsylvania Mutual Life Insurance Co. was hit by a class action Wednesday alleging the company improperly held on to profits rather than distributing them to policyholders as dividends, thus cheating policyholders out of more than $5 million over at least 18 years.