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LITIGATION
Brighthouse Strikes $9.25M Deal In Life Policy Rate Suit
By Danielle Ferguson
A proposed class on Wednesday asked a New York federal court to preliminarily approve a $9.25 million settlement to resolve allegations that Brighthouse Life Insurance breached contracts by failing to lower cost of insurance rates despite improvements in mortality data on which the insurer purportedly relied to determine costs.
Memorandum attached |
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