Life Insurer Agrees To Settle Inflated Charges Suits For $45M

By Ganesh Setty ( July 2, 2025, 9:09 PM EDT) -- A Missouri-based life insurer agreed to pay $45 million to settle a group of proposed and certified class actions accusing it of using certain nonmortality factors, contrary to policy language, to impose higher costs on policyholders, bringing the insurer's total losses for such claims to over $94.5 million....

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