Court Approves $28 Million Settlement for US Financial Life Insurance Policyholders
Ohio federal District Judge Matthew W. McFarland gave final approval to a $28 million settlement agreement between US Financial Life Insurance Company and a class of policyholders. The class alleged the insurer improperly increased the cost of insurance (COI) charges on certain universal life products beginning in 2015. “We are pleased that Judge McFarland approved […]