Blackoak Life Limited v. Transamerica Life Insurance Company

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Case overview

Case Number:

1:23-cv-00032

Court:

Iowa Northern

Nature of Suit:

Insurance

Multi Party Litigation:

Class Action

Judge:

CJ Williams

Firms

Companies

Sectors & Industries:

  1. September 30, 2026

    Judge OKs Transamerica Policy Cost Hike Deal Worth $73M

    An Iowa federal judge Tuesday gave final approval to a settlement worth $73 million to resolve a policyholder class action alleging Transamerica Life Insurance Co. improperly increased monthly costs for certain universal life insurance policies.

  2. September 01, 2026

    Final OK Sought For Over $73M Transamerica Policy Rate Deal

    Policyholders asked an Iowa federal court Monday to give the final approval to a settlement they say is worth more than $73 million to resolve claims that Transamerica Life Insurance Co. improperly increased monthly costs on their life insurance policies.