November 09, 2026
A pediatric specialty practice group must pay Equitable Financial Life Insurance Co. upwards of $750,000 it received as an overpayment after the group surrendered its policies, an Illinois federal judge ruled Monday, finding the provider breached its contract by failing to surrender the funds.
November 09, 2023
A life insurer said a pediatric specialty practice group has refused to give back a $750,000 overpayment made after the group surrendered its policies, telling an Illinois federal court that the amount reflects outstanding policy loans and interest that should have been deducted from what the insurer paid.