Aegon

1. Regulators Enter Bank's Fraud Suit V. Transamerica

Thursday, Feb 04, 2010

Transamerica Life Insurance Co. and Clark Consulting Inc., targeted by Fifth Third Bank in a $506 million contract and fraud suit over the bank's losses stemming from life insurance products, have dropped their opposition to a bid by state regulators to intervene in a discovery fight.

2. Lincoln Seeks More Royalties Over Benefits Method

Thursday, Nov 05, 2009

Lincoln National Life Insurance Co. is fighting back against a bid by Transamerica Life Insurance Co. for relief and modification of the permanent injunction handed down this summer in a patent infringement case over a computerized method for providing retirement income benefits.

3. Creditors' Language Added To RH Donnelley Ch. 11 Plan

Monday, Oct 19, 2009

Print and online telephone directory company R.H. Donnelley Corp. on Monday filed an amended Chapter 11 restructuring plan, complete with several changes to its proposed plan requested by its unsecured creditors.

4. Cancer Patient's Class Claims Against Insurer Stayed

Tuesday, Oct 13, 2009

A federal judge has stayed class allegations in two consolidated lawsuits brought by an Oklahoma cancer patient who claims that Life Investors Insurance Company of America, now known as Transamerica Life Insurance Co., wrongly denied him and other cancer patients payments on claims made under their policies.

5. Transamerica Appeals $13M Patent Verdict

Tuesday, Jul 14, 2009

In a case that could have significant ramifications for business method patents, Transamerica Life Insurance Co. has appealed a final judgment upholding a $13.1 million jury verdict against the insurer and finding it had infringed a benefits rider patent held by Lincoln National Life Insurance Co.

6. $13M Patent Verdict Against Transamerica Affirmed

Thursday, Jun 25, 2009

A federal judge has affirmed a $13.1 million jury verdict against Transamerica Life Insurance Co., holding that reasonable grounds supported the jury's February finding that Transamerica infringed a patent held by Lincoln National Life Insurance Co. for benefit riders.

7. Transamerica Seeks Re-Exam Of Benefit Rider Patent

Thursday, Feb 26, 2009

Less than two weeks after losing a trial in a separate case over a related patent, Transamerica Life Insurance Co. has asked a federal judge to stay a patent suit filed by Lincoln National Life Insurance Co. alleging that Transamerica sold retirement income benefit riders that infringe a Lincoln National patent.

8. China Life To Buy Prudential's Taiwan Insurance Biz

Friday, Feb 20, 2009

China Life Insurance Co. Ltd. has agreed to buy most of the Taiwan business of British insurance giant Prudential PLC and sell a 10 percent stake in itself in a deal that will help the U.K.'s second-largest insurer bolster its capital reserves.

9. Transamerica Ordered To Pay $13M In Patent Suit

Thursday, Feb 19, 2009

A federal jury has ordered Transamerica Life Insurance Co. to pay $13.1 million to Lincoln National Life Insurance Co. after finding that Transamerica sold benefit riders that infringe a Lincoln National patent.