Norwegian Cruise Co. Accused Of Travel Insurance Ruse
Law360 (September 24, 2018, 5:00 PM EDT) -- Norwegian Cruise Lines got hit with a proposed class action Friday in Florida federal court alleging the company reaped concealed kickbacks via the sale of travel insurance policies and deceptively marketed the scheme that unfairly passed on the cost of inflated premiums to consumers.
In the third such suit filed within the past month, lead plaintiffs Martha and Jerry Phillips alleged that insurance regulators have inked multistate settlement agreements over the undisclosed kickback schemes that Transamerica Casualty Insurance Co. and Nationwide Mutual Insurance Co. have run with distribution participants including Miami-based Norwegian.
But these agreements haven't offered relief to victimized consumers,...
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