No-Lapse Policy Guarantees Cut On Purpose, Suit Says

By Lauraann Wood · March 22, 2019, 9:03 PM EDT

Accordia Life and Annuity Co. unlawfully cancelled the no-lapse guarantees in several customers' life insurance policies when it and its insurance administrator purposefully stopped automatically debiting policy premiums from the insureds'...

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Case Information

Case Title

Clapp et al v. Accordia Life and Annuity Company et al

Case Number

2:17-cv-02097

Court

Illinois Central

Nature of Suit

Insurance

Date Filed

April 20, 2017