January 10, 2018
Transamerica Life Insurance Co. has been hit with roughly $200,000 in sanctions for obstructing the discovery process in California federal court in a suit brought by a predominantly African-American church congregation that accuses the insurer of jacking up its rates partly because of their race.
September 14, 2017
A California federal jury found Wednesday that TransAmerica Life Insurance Co. breached the terms governing 2,400 life insurance policies for Los Angeles residents by changing key cost rates, and awarded $5.6 million in damages.