Policyholders Win Class Cert. In Insurance Bonus Suit

Law360, New York (March 25, 2010, 12:43 PM EDT) -- A federal judge has certified a class of thousands of policyholders in a suit accusing Central United Life Insurance Co. of failing to pay out bonuses it allegedly promised to longtime insurance customers.

Judge Nanette K. Laughrey of the U .S. District Court for the Western District of Missouri granted the class certification orally in a telephonic conference held Tuesday, according to court minutes. The class covers about 9,000 policyholders nationwide who Central United allegedly shorted on “return-of-premium” riders, according to named plaintiff Mary E. Moss'...
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