By Timothy Darragh, BEST WIRE
April 8, 2020
Transamerica Life Insurance Co. has agreed to settle a class-action lawsuit filed by policyholders who alleged it improperly increased monthly charges on their...
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...
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...