Transamerica Settles Cost of Insurance Increase Litigation

By |2018-10-08T18:44:33+00:00October 8th, 2018|Categories: BLOG, Uncategorized|Tags: , , |

In 2015 we reported on a Transamerica cost of insurance (COI) increase on a block of universal life policies and illustrated the 40% increase in COI on one policy affected raised the annual carrying costs to maturity for that policy from $36,400 to $81,595.  That cost increase led to three separate class action lawsuits that were [...]

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