Los Angeles, CA – Transamerica Life Insurance Company has agreed to settle a class action lawsuit brought on behalf of policyholders across the United States alleging that Transamerica improperly...
By Donna Horowitz, THE DEAL PIPELINE
February 9, 2019
A federal judge has given final approval to a Transamerica Life Insurance Co. class-action settlement for $110.7 million, slashing a proposed $195...
Transamerica Pays $195 Million To Settle Lawsuit Over Universal Life Insurance
Suit alleged the insurer improperly increased monthly costs to avoid guaranteed monthly interest payments
By Ryan W. Neal, INVESTMENT NEWS
October...
Los Angeles, CA – Transamerica Life Insurance Company has agreed to settle a class action lawsuit brought on behalf of policyholders across the United States alleging that Transamerica improperly...
California consumers are being priced out of their life insurance policies once they become disabled resulting in the loss of valuable coverage, according to a class-action lawsuit accusing Hartford Life and Accident Insurance Company of “bad faith.”
The policies, the plaintiffs argue, bar the company from recovering “past losses by changing the monthly deduction rates.”
A Transamerica spokesman, Gregory Tucker, said in an email that the increases...
Transamerica along with other insurers have upped costs on in-force policies as they've had to contend with persistently low interest rates
Transamerica Life Insurance Co. has been sued for raising...
Santa Monica, CA -- Consumers who bought life insurance protection from Transamerica Insurance Company decades ago are now facing a choice between paying enormous increases in their monthly premiums...
Consumer Watchdog has filed a lawsuit against TransAmerica for unreasonably raising life insurance premiums on policyholders. Consumers who depend on these policies were sold a phony bag of goods, but in this case it was supposed to protect their lives and families. For more information on this case, go to http://www.consumerwatchdog.org/case/transamerica-life-illegally-hikes-cost-insurance-charges
Feller et al v. Transamerica Life Insurance Company, United States District Court, Central District of California (Case 2:16-cv-01378)
Consumers who bought life insurance protection from Transamerica Insurance Company decades ago are now...
Santa Monica, CA – Anthem Blue Cross patients with HIV/AIDS may “opt-out” of a program that would have required them to obtain their medications by mail order under a...