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7th Circ. Says Insurance Rates Can Reflect Unlisted Factors

By David McAfee (December 13, 2013, 9:07 PM EST) -- The Seventh Circuit on Friday affirmed a decision granting summary judgment to Lincoln Benefit Life Co. in a putative class action brought by a policyholder who said LBL breached the terms of its insurance policies by including nondisclosed factors in its method of calculating the "cost of insurance" rate....

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